Car Repair Services Platform Raising Funds In Pune
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): 107,500
Security Deposit (in INR): 275,000
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 Crore
Minimum ticket size
INR 3,000,000 (INR 30.00 Lac)
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.
Share your ProposalFrequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, 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 support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works