- February 25, 2024
- 27 Views
Business Overview
– We are the 4th dealership open in India.
– We have having flagship store operating in Hyderabad with the majority of the market cap.
– For the last 4.6 years we have sold around 2,500 bikes and done service around 6000+ bikes with the highest selling no in India.
– Last FY is an exponential growth we have seen when compared to the last 4 years.
– We have 5 years of automobile experience.
– Have 2 showrooms. The financials mentioned are for both showrooms together.
– We have 20 employees (service, sales and marketing team).
Products & Services Overview
The bike dealership sells brand-new bikes from 2 Indian-origin vintage brands.
Bike sales.
Bike service.
Bike spare parts.
Bike accessories.
Bikes VAS.
The majority of our customers are younger generation and first-time bike users.
All our customers are tech-savvy and bike enthusiasts.
Assets Overview
Tangible assets include all stock, spares and rental deposits.
Facilities Overview
One of the showrooms & service centers is located in Banjara Hills with a combined 3,000 sqft. We are paying rent around 3.5 lakhs per month.
Another showroom & service center is on a 4,000 sqft built-up area. We are paying rent around 1.5 lakhs per month.
Capitalization Overview
– The business is funded by partners.
– The shareholding pattern is 50% – 50%
– The company is debt-free.
