Small Car Dealers Company Investment Opportunity in Oradea, Romania
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 12 thousand |
Run Rate Sales | USD 14 thousand |
EBITDA Margin | Nil |
Industries | Car Dealers + 1 more |
Locations | Oradea |
Local Time | 12:33 PM Europe / Bucharest |
Listed By | Business Owner / Director |
Status | Active |
- Company operating as an online marketplace for car sales advertisements in Romania.
- The platform caters to both individual sellers and companies in the automotive industry. Has a website and a mobile application on the Play Store and App Store.
- The unique feature of the platform is the ability to post listings in the form of captivating video clips, providing complete information about the cars for potential buyers.
- The global market for new and used car sales is substantial, with hundreds of millions of vehicles being sold annually.
- The platform estimates a user base of 250-300 million globally, representing a significant addressable market for potential growth.
- The company generates revenue by charging for ad listings, offering monthly and yearly plans to sellers.
- The current revenue generation is not significant due to the extended development phase of the application, which took more than 2 years.
- As a startup, the platform has on boarded 2,200 users, indicating early traction in the market.
- The company aims to scale its user base and increase engagement through its unique video-based listing feature.
Online marketplace for car sales advertisements.
Caters to both individual sellers and companies in the automotive industry.
Can list both new and used cars.
Revenue is generated by charging for ad listings, and offering monthly and yearly plans to sellers.
Physical assets include: 8 dell and hp workstations, 14 laptops, smartphones, servers and other goods.
Intangible assets include:
Website.
Android application.
Ios app.
Accounts in social networks.
We have a rented office space in Oradea, Bihor County.
The company has only one associate and shareholder.
The financing of the development of the application was through own resources.
We do not have contracted loans or leasing.