Used Car Dealers Business Seeking Loan in Thrissur, India

- Promoter has over 26 years of experience.

- Pioneers in dealership-model sales for luxury pre-owned cars.

- Dealerships established since the 2000s.

- Steady YoY profit growth & turnover growth.

- Currently operating 2 dealerships & 1 service center.

- 1 dealership under construction.

- 2 dealerships operating on owned land.

- 1 service center & polishing center operating on owned land.

- One of the most trusted names in the region for pre-owned luxury cars.

- We sell around 20 cars on a monthly basis.

- The financial mentioned is for 2 dealership centers together.

- We generate the majority of the sales through the used car dealership vertical.

- Pre-owned multi-brand luxury car sales.

- Luxury car service center.

- Body & paint shop.

- Ceramic & polishing center.

- Loan & insurance for cars through banking partners.

- Physical assets of over 50 cars in the dealerships.

- Fully equipped service center machinery.

- Computers, designer furniture & interiors.

- 1 dealership with 10,000 sqft across 3 floors with ample parking operating on owned land.

- 1 dealership with 1,500 sqft operating on rental.

- 1 dealership with 4,000 sqft under construction on owned land.

- 1 service center with 7,000 sqft operating on 60 cents of owned land.

- Since we deal with luxury branded cars, the price is high. Hence generating the mentioned revenue with 27 employees.

- The business is currently in a partnership model with promoter & his wife as partners in 90-10 ratio.

- A total bank loan liability of INR 10 crores to fund vehicle stock purchase and is on hand as stock.