- February 25, 2024
- 33 Views
Partial Stake Sale
INR 2 crore for 10.0% stake
Business Overview
– We provide sale and service of electric scooters of a well known brand at our showrooms.
– Have around 8 showrooms in hyderabad and a regular customer base of 3,000 people.
– On average we get around 120-150 customers per day through walk ins, online inquiries and telephone inquiries.
– We have been awarded as the No. 1 dealer in South India and No. 4 dealer pan India by the main brand.
– Stock all models of the brand’s vehicles at our stores and also have spare parts for the same.
– Promoter has 8 years of experience in the vehicle retail sector and 22 years of corporate experience.
– Presently the firm does not have enough stock to meet the number of orders we receive and have been operating at a net loss due to our fixed costs.
Products & Services Overview
Vehicle sales, spare part sales, services and accessories sales.
Assets Overview
The main business assets include the stock of vehicles and spares. Apart from this we keep tools and special equipment for service of vehicles. We also have computers and other office equipment at our showrooms.
Facilities Overview
8 rented showrooms with a total built up area of 6,000 sq. ft.
Capitalization Overview
Not Disclosed
