Used Car Dealers Business Seeking Loan in Balasore, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 500 - 600 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Used Car Dealers |
Locations | Balasore |
Local Time | 5:43 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are one of the first used vehicle showrooms in Balasore.
- Our showroom has a large client base from all over Odisha.
- We sell around 20 to 27 vehicles every month.
- We only deal in 4-wheelers.
- Our business experienced a reduction in the run rate sales due lack of working capital.
We deal in all kinds of used car of brands such as Maruti, Mahindra, Toyota, etc.
Now we are planning to expand this online through our own website so that we will be able to capture the whole Odisha market through our own platform.
Physical assets include more than 30-35 vehicles in the showroom.
Our facility is having an office area of 1,200 sq ft with additional space for vehicle storage of 3,000 sq ft. We have a rented showroom.
The business is funded by owners' capital. The company has one owner with a 100% stake in the company. The business does not have any outstanding liabilities.
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Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business