Investment Opportunity In Car Resale Business in Ahmedabad
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 comes from the difference between the total acquisition or refurbishment cost and the final selling price. This model allows for selling quality vehicles at competitive prices while keeping healthy margins because of 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.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience