Car Repair Services Platform Raising Funds In Pune
Email
Phone
Google
LinkedIn
Facebook
Product / Service
They provide a range of automotive services, including car servicing and other mechanical work, assistance with car insurance claims, car denting, and painting services, the manufacturing of coolant, and the sale of suspension parts.
Clientele type
They cater to direct customers. Tourist fleets as-well-as customers from the website.
Premises
LEASED
Lease per month (in INR): 1.08 L
Security Deposit (in INR): 2.75 L
Carpet Area: 7,800 sq ft
They have one office space on rent with the following details:
Rent: ₹27,500
Deposit: ₹75,000
Additionally, they also rent a workshop space with the following terms:
Rent: ₹1,05,000
Deposit: ₹2,00,000
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 30.00 L
Reason
They want to scale their operations to a higher level and are seeking funding to expand their marketing, increase stock for coolant, and enhance stock for suspension parts.
Other Details
They started an online platform in 2019, which connects them with customers without any middlemen. They provide car servicing, other mechanical work, accidental insurance claims, insurance policy renewal, and the sale of suspension parts to other workshops, and they are planning to set up a coolant manufacturing plant.
There are other online companies that do their work on a commission basis; they plan not to do that so the customer cost is lower than other companies. Also, they are renewing an insurance policy so they can create one more income source from the same office. They are planning to start a coolant trade and trade suspension parts to other workshops and their franchise workshop as well.
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
