Investment Opportunity In Car Resale Business in Ahmedabad
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About Business
This business specializes in acquiring seized or repossessed vehicles through government or bank-led auctions and tenders. These vehicles are typically seized due to loan defaults or legal actions and are made available for sale by financial institutions (such as banks), government departments, or law enforcement agencies.
Once acquired, the business undertakes all necessary repairs, refurbishments, and cosmetic enhancements to restore the vehicle to a marketable condition. This includes mechanical servicing, denting and painting, interior cleaning, and part replacements if required. After the vehicle is fully inspected, certified, and visually appealing, it is listed for resale either directly to end customers or through digital platforms and dealer networks.
The profit is earned from the margin between the all-in acquisition/refurbishment cost and the final selling price. This model allows for the sale of quality vehicles at competitive rates while maintaining healthy margins due to the low initial purchase cost.
Clientele type
The clientele primarily includes individuals seeking pre-owned cars.
Premises
The promoter operates the business remotely.
Asking Price Includes
The promoter will outline the terms to interested investors.
Asking Price
INR 30.00 L
Minimum ticket size
INR 30.00 L
Reason
Following the passing of the previous partner, the business is now seeking a new partner to continue operations.
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₹10 to ₹200 Cr
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
