Small Car Dealers Company Investment Opportunity in Oradea, Romania
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 12.2 thousand |
Run Rate Sales | USD 13.7 thousand |
EBITDA Margin | Nil |
Industries | Car Dealers + 1 more |
Locations | Oradea |
Local Time | 1:20 PM Europe / Bucharest |
Listed By | Business Owner / Director |
Status | Active |
- The platform caters to both individual sellers and companies in the automotive industry. Has a website and a mobile application on the Play Store and App Store.
- The unique feature of the platform is the ability to post listings in the form of captivating video clips, providing complete information about the cars for potential buyers.
- The global market for new and used car sales is substantial, with hundreds of millions of vehicles being sold annually.
- The platform estimates a user base of 250-300 million globally, representing a significant addressable market for potential growth.
- The company generates revenue by charging for ad listings, offering monthly and yearly plans to sellers.
- The current revenue generation is not significant due to the extended development phase of the application, which took more than 2 years.
- As a startup, the platform has on boarded 2,200 users, indicating early traction in the market.
- The company aims to scale its user base and increase engagement through its unique video-based listing feature.
Caters to both individual sellers and companies in the automotive industry.
Can list both new and used cars.
Revenue is generated by charging for ad listings, and offering monthly and yearly plans to sellers.
Intangible assets include:
Website.
Android application.
Ios app.
Accounts in social networks.
The financing of the development of the application was through own resources.
We do not have contracted loans or leasing.
-
Earlier than 15 daysConstruction Engineer, Construction, Tirana, Individual Investor / Buyer connected with the Business