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Profitable Automobile Parts Wholesale Business Seeking Loan in Lucknow, India

Authorized vendor for auto parts supplies supplying to 7 clients seeks a loan.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 40 %
Industries Automobile Parts Wholesale
Locations  Lucknow
Local Time 8:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 180 thousand for 10.0% annual interest, 3 years (Native Currency: INR 15,000,000)
Reason: We have orders worth INR 5 crore but we are short of funds. Hence, seeking a loan.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- Started operations in the last month of last year.

- Super stockist for FB axle-only axle manufacturing company for Tata Winger.

- We have orders in hand worth INR 5 crores.

- Currently supplying to 8 clients in total.

- Most selling product is FB gold axles. We sell 900 pieces monthly.

- We buy the products from 5 distributors from Delhi and Lucknow and sell them at a margin of 40%.

Products & Services Overview

We are a super stockist for the FB axle, tires, batteries, engine oil etc.

Assets Overview

Tangible assets include stock worth INR 26 lakhs,

Facilities Overview

The own warehouse is located in the north of the city on a 1,000 sqft area.

Capitalization Overview

- Sole proprietorship business.

- Business has a loan of INR 1 lakhs.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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