Car Care & Grooming Service Business Looking for Investment
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A company providing car grooming and mopping services located in a gated community in Hyderabad is looking for investment. The company was formed in December 2010 and has a very unique concept. Currently there are 2000+ registered members availing their services for their cars. They work on centers basis model where they provide services to all near Apartments, Bungalows, etc. They have setup 5 centers location wise Madinaguda, Kukatpally, Hitech City MMTS, Kondapur, Gachibowli in Hyderabad. Every Centers will have on-site staff person (Maintenance) dedicated not only to service centre and machine maintenance but who also acts as a Supervisor within the community.
The service areas are equipped with quality and safe washing and cleaning chemicals and car wash machines. They have their own App through which the car owners can book from the selected slot available for services. Services daily 350 cars on an average. The average monthly revenue is INR 8.50 lakhs. There are different prices according to car model: Small/ Medium range, Premium and SUV, Luxury cars. Their total employee strength is 120. There are 3 more centre locations in pipeline which will be confirmed by October 2018. They are enjoying average net profit margin is 45%. They are looking for investment for Business development, Branding, App development, Franchise model in phase wise.
The last year turnover was INR 96 Lacs. They are looking for investment of INR 3 crores for 50% stake.
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Expansion
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₹10 to ₹200 Cr
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