Used Car Dealers Company Investment Opportunity in Noida, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 180 thousand |
Run Rate Sales | USD 600 thousand |
EBITDA Margin | 8 % |
Industries | Used Car Dealers + 1 more |
Locations | Noida |
Local Time | 4:19 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Upcoming car dealer website based in Noida, Uttar Pradesh.
- We have sold 80+ cars so far and the average value per transaction is INR 3.5 lakhs.
- We currently sell 6-7 cars per month. Our website is for buyers and sellers, our USP is that we do not work with dealers.
- Both parties pay a platform fee.
- Our main program is a direct deal program. We have introduced a new program called the stock in program where we purchase the cars ourselves and sell them.
- We currently have tie-ups with two garages to store our cars and plan on expanding.
- Our company was represented in the international trade show in UP and we are recognized by UP startup and startup India.
- Proprietor has 8+ years of experience in the startup space.
- The business is registered in Saharanpur, but the operations are run from Noida.
- We are able to generate this revenue with 7 employees given that we deal in luxury cars and we are an online platform.
Our top selling cars are usually sedans. We sell luxury as well as family cars.
Currently our assets include stock in program cars and our website.
Our office is in a rented space in Noida, sector 63. The rent is INR 12,000.
The business has 3 directors who are all family members. The business raised INR 22.5 lakhs in first stage funding and currently has no liabilities.
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Earlier than 15 daysDirector, Finance Service, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysCEO, IT Services, Coimbatore, Individual Investor / Buyer connected with the Business