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    Small Used Car Dealers Business for Sale in Coimbatore, India

    Car reselling platform with subscription-based model, working with 300+ dealers and has 4,000+ car sales.
    Established 1-5 year(s)
    Employees 5 - 10
    Legal Entity General Partnership
    Reported Sales Nil
    Run Rate Sales USD 3 thousand
    EBITDA Margin Nil
    Industries Used Car Dealers + 1 more
    Locations  Coimbatore
    Local Time 7:40 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.9 / 10
    Compare with industry
    Full Sale
    Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
    Reason: Proprietor is looking to sell the business as he does not have the financial strength to fund the fu... View More
    Name, Phone, Email
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    Business Name
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    User Verification
    Documents
    Business Proposal
    Business Proposal (481.1 KB)
    Domain-Verification.pdf
    Domain-Verification.pdf (213.1 KB)
    Business Overview

    - Up and coming car reselling platform with potential to grow, based in Coimbatore, Tamil Nadu.

    - We are a subscription-based platform. Dealers pay INR 1,000 to list their cars on our website.

    - We have 10,000+ downloads on playstore.

    - We currently have 300-400 dealers who are subscribed.

    - We have sold 4,000+ cars through our website.

    - We have 40-50 new subscribers per month and get 12-15 renewals per month.

    - We started charging for the subscription from this year due to the good response from dealers. We were giving free subscriptions prior to this.

    - We have 6 employees working as tech support.

    Products & Services Overview

    We are a subscription-based business that sells subscription plans to dealers who sell used cars. Dealers can list their used cars on our platform to sell them.

    Assets Overview

    Main assets are our website and app.

    Facilities Overview

    We have a rented office in RS Puram, Coimbatore. The rent is INR 40,000.

    Capitalization Overview

    We are two partners, and the business is completely funded by us. The business has no outstanding liabilities.

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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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