Used Car Dealers Business Seeking Loan in Dubai, United Arab Emirates
Used car dealers selling upto 18 cars monthly seek a loan.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 230 thousand |
| Run Rate Sales | USD 330 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Used Car Dealers |
| Locations | Dubai |
| Local Time | 9:21 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
180 thousand
for
12.0%
annual interest,
4
years
(Native Currency: AED 650,000)
Reason: Need funds for business expansion (hire employees and set up a new office).
Collateral Available: USD 0
Includes physical assets worth
USD
80 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We sell around 18 cars monthly.
- We refurbish the cars and then sell them.
- Have tie-ups with car detailing enter and insurance agencies.
- The business is into selling American, Japanese, and Korean cars.
- We do not require many employees since the refurbishing and other car detailing are done by third-party companies.
Products & Services Overview
Mainly focused on selling American Muscle cars and other Japanese/Korean economical cars.
Assets Overview
Tangible assets include 12 cars that are parked in the garage currently.
Facilities Overview
The garage is located in the north of the city on a 3,800 sqft area. It is rented.
Capitalization Overview
- The company has 1 owner.
- There are no debts.
Recent Activity
-
Earlier than 15 daysOwner, Commercial Real Estate, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysCFO, Investments, Larnaca, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 104,500+ other businesses of all sizes.
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.
You might also be interested in these businesses