HCV Dealership Business Raising Funds In Mangalore

About Business

The business operates as an authorized commercial vehicle dealership for one of India’s leading automotive brands, specializing in trucks, trailers, and buses. It is a well-established dealership with a strong presence in the heavy commercial vehicle (HCV) segment and a legacy spanning nearly six decades.

Founded in 1964, the dealership has been a cornerstone of the South Karnataka commercial vehicle market. It is an authorized dealer for Intermediate Commercial Vehicles (ICV) and Medium & Heavy Commercial Vehicles (M&HCV), catering to a wide range of logistics, construction, and transportation needs.

The promoters bring over 25 years of industry experience, with more than 48 years of combined leadership expertise in the automotive sector.

The firm has recently been converted into a Private Limited Company and holds GST and Udyam registrations, qualifying it as an MSME. It maintains an excellent credit profile, with a CMR rating of 1 in CIBIL.

The business has demonstrated consistent operational excellence, having received the “All-India No. 1 Authorized Service Centre (ASC)” award three times from the principal automotive brand.

The dealership specializes in the full range of commercial vehicles, covering capacities from 9 tonnes to 55 tonnes, including trucks, trailers, and buses. It offers tailored solutions for diverse applications such as logistics, infrastructure development, and passenger transport.

After-sales service is a key strength, supported by a comprehensive infrastructure that includes 31 service bays, a genuine spare parts inventory, 24/7 emergency assistance, and AI-enabled predictive maintenance systems to reduce vehicle downtime.

Clientele type

The dealership serves a robust customer base of approximately 150–200 regular fleet owners across logistics, transportation, construction, cement, and institutional segments, including schools and other organizations.

Premises

The business operates through six state-of-the-art workshops and a dedicated Pre-Delivery Inspection (PDI) facility, with a total infrastructure footprint exceeding 142,000 sq. ft., enabling efficient sales, service, and support operations.

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 18.00 Cr

Minimum ticket size

INR 8.00 Cr

Reason

The promoters are looking to raise funds to expand service workshop capacity, enhance customer experience across all outlets, attract and retain goal-oriented talent, and pursue the acquisition of additional dealerships.

More Details

The company is led by two directors and supported by a team of approximately 250 employees.