Automotive Intermediary Business Raising Funds In Lucknow
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About Business
They cater to discerning customers who value immediate access to their desired cars and are willing to pay a premium for prompt availability. Their extensive network of partnerships spans from Maruti to Rolls Royce, encompassing a wide range of prestigious automotive brands.
Clientele type
They specialize in expeditiously delivering brand-new, high-demand cars that typically have lengthy waiting periods, often within a week to 10-15 days. Their esteemed clientele boasts high net-worth individuals, including prominent groups like the Adani Group and the Reliance Group.
Premises
They have established partnerships with dealerships and provide direct-to-customer deliveries, eliminating the need for a traditional showroom. However, they are currently in the process of raising funds to establish a physical showroom.
Asking Price Includes
The terms of the transaction will be discussed with the potential Investors.
Reason
They need funds for expansion of the business.
More Details
The promoter successfully oversees all aspects of the business, achieving remarkable performance and robust earnings. However, to propel it to the next level of growth, they are actively seeking funding opportunities.
They have successfully completed sales transactions, including 10-15 vehicles to the Adani Group and 7 vehicles to the Reliance Group, which notably includes 5 G-wagons.
In September 2023 alone, they achieved a remarkable turnover of 20-25 crores with a net profit ranging from 17-18 lakhs.
They possess a substantial capital of around 10 crores for this project, and they are seeking additional funds to complement their existing resources.
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₹10 to ₹200 Cr
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