German Car Parts Supplier Raising Funds In Malappuram
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Product / Service
They offer a range of products including car parts, diagnostic equipment with all the tools, and special tools.
Clientele type
They have clients like car owners, car parts shops, car workshops.
Premises
LEASED
Lease per month (in INR): 5.00 K
Security Deposit (in INR): 50.00 K
Carpet Area: 200 sq ft
Asking Price Includes
They are ready to offer 20% equity to the new investor.
Asking Price
INR 50.00 L
Minimum ticket size
INR 10.00 L
Reason
They are seeking investment to scale operations, particularly in expanding their inventory through direct imports and optimizing their logistics infrastructure. This investment will bolster the ability to meet growing customer demand, increase profitability through higher-margin sales, and solidify their position as a trusted supplier in the German and European car parts market.
Other Details
They are a thriving sole proprietorship based in Germany, specializing in supplying German and European car parts to a network of 30+ workshops, car parts dealers, and online platforms including Amazon. Founded by a passionate car enthusiast with deep industry knowledge, SPAREON focuses on sourcing rare and hard-to-find parts, as well as providing essential car diagnostic tools. Our business model operates on an advance payment basis, ensuring financial stability and efficient supply chain management.
Market Position and Opportunity:
Currently, They achieves a monthly turnover of approximately 3-4 lakhs, driven by a strategic focus on high-margin products that command significant profitability potential (ranging from 50-100% per product). By importing directly and selling through their established channels, they capitalize on these margins effectively. This approach not only enhances profitability but also strengthens their competitive edge in the market.
Customer Value Proposition:
Their in-depth understanding of cars, common issues, maintenance needs, and the intricacies of car parts brands and quality sets them apart. This expertise allows them to confidently engage with clients, understand their requirements, and fulfill orders efficiently. For urgent needs, they leverages a robust sourcing network across India to deliver parts within 2-3 days, securing a healthy margin of 20-30%. Importing and stocking items directly promises even greater margins, reinforcing their financial sustainability and growth potential.
Growth Strategy:
Looking ahead, they are poised for expansion by enhancing their product offerings, strengthening partnerships with car workshops and dealers, and leveraging e-commerce platforms to broaden their market reach. The business is well-positioned to capitalize on the increasing demand for niche car parts and diagnostic tools, both locally and internationally.
Business Tags
₹10 to ₹200 Cr
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