Newly Established Automobile Parts Wholesale Company Seeking Loan in Dubai, United Arab Emirates
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | Nil |
Industries | Automobile Parts Wholesale |
Locations | Dubai |
Local Time | 3:57 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Automotive spare parts trading business with a 100% export clientele.
- The company has 10 high-profile clients, rock-solid business parameters, and profit generation is the core objective.
- Our clients are traders in GCC countries and African nations.
- The owner regularly visits the clients, procures their requirements, and checks his data set to see if he can supply the parts and provides the quotation on demand.
- This massive data set gets updated almost daily with transactions of buyers and sellers.
- Sales have grown exponentially since we started a few months back due to the owner's sales strategy and the data set.
- The company wants to start white labeling spare parts under its brand name.
- The owner has connections in Thailand, Taiwan, South Korea, and China for manufacturing the parts. They also have 14 years of experience in this industry.
Service parts for vehicle maintenance along with other fast-moving goods, its sold mainly to B2B clients who resell to their retail clients.
Our top selling segment is passenger car service parts, examples include engine gas kit and brake lining.
Tangible assets include:
- IT-related servers & systems.
- desks and chairs.
- Office supplies.
We have a small 500 sq foot office on rent in Dubai.
Current owners have put in their capital. There are 2 shareholders which are 70 and 30 % respectively, both have UAE visas, but one stays abroad and one stays locally in Dubai.
-
Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business