Car Repair and Detailing Business Raising Funds In Vadodara

Listing ID: SL014288
Posted By: Owner
Last Active: 6+ months ago
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Product / Service

Our range of services includes Repair & Maintenance, Accidental Claims, Bodyshop, Electrical, Detailing, Car Insurance, Car Finance, Spare Parts, Accessories, Tyres & Batteries.

Clientele type

We receive about 150 cars a month for multiple services.

Premises

LEASED

Lease per month (in INR): 1.60 L

Security Deposit (in INR): 5.00 L

Carpet Area: 21,000 sq ft

Asking Price Includes

We can dilute some equity based on the funds.

Reason

Introduce more technology in the business and upgrade daily operations and introduce spare parts trading and retailing.

Other Details

We are a Registered Partnership Firm incorporated in June 2017 in Vadodara, Gujarat, India. We offer a range of services for all makes and models of cars, including Repair & Maintenance, Accidental Claims, Bodyshop, Electrical, Detailing, Car Insurance, Car Finance, Spare Parts, Accessories, Tyres & Batteries. The used passenger vehicle market is currently experiencing rapid growth due to various reasons such as increasing incomes, 100% car loans, and the COVID-19 pandemic. However, the market is facing difficulties due to unorganized multi-brand workshops and local garages.

The business is currently managed by a team of four highly skilled partners, each with expertise in their respective fields, such as spare part division, finance and HR, marketing and publicity, mechanical and insurance, among others. In addition, the team is further complemented by 15 well-trained professionals, who are adept at supporting the aforementioned departments.

Presently, the business is engaged in the traditional car repair segment and is now seeking additional capital infusion to further augment its operations with cutting-edge technological advancements.

Keywords

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Car Repair and Detailing Business Raising Funds In Vadodara

₹10 to ₹200 Cr

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