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Small Car Dealers Company Investment Opportunity in Oradea, Romania

Online car sales marketplace in Romania, targeting a user base of 250-300 million globally.

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
Overall Rating
Partial Stake Sale
USD 430 thousand for 49.0% stake (Native Currency: RON 2,000,000)
Reason: We want to promote the application globally to attract as many users as possible and to improve the ... View More
Includes physical assets worth USD 17 thousand
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Business Overview

- 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.

Products & Services Overview

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.

Assets Overview

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.

Facilities Overview

We have a rented office space in Oradea, Bihor County.

Capitalization Overview

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.

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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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