Listing Details : LB-15531

Investment Required 2 Crs
Turnover N.A
Legal Entity Private Limited
Category Retail
Sub Category Automobile
Business Listed By Business Owner

Overview

An electric scooty retail showroom in Bhubaneshwar, Odisha, is seeking funding to support its growth and operations. Operating from a 4,500 sq. ft. space, the business trades electric scooties under its own brand, which are manufactured through a third-party contract manufacturing vendor located in Noida. The company requires funds to procure vehicles from the manufacturer to meet its ambitious trading targets. Initially, the business plans to sell 600 scooties on a quarterly basis, with a strategy to gradually increase the volume as it scales up operations. With 12 distribution agencies already lined up across Odisha and discussions underway with an additional five agencies, the business has a strong foundation for growth. Given the rising demand for electric vehicles and the vast potential in the market, this venture represents a promising opportunity for investors looking to support sustainable and innovative mobility solutions.

Year of Establishment

2024

No. of Employees

3

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Leased

Rental per Month

N.A

Proposed Deal Structure

15-20% Equity Dilution

Competition / Market

Yes, very few in PAN India level

Products & Services

Electric Skooty (EV) Showroom in Odisha as of now

Growth Potential

Very High

Financial Details

Listing Details : LB-15531

Investment Required 2 Crs
Turnover N.A
Legal Entity Private Limited
Category Retail
Sub Category Automobile
Business Listed By Business Owner

Schedule An Advisory Meeting

Business Acquisition
Sell Your Business
Business Growth
Fundraising
Schedule a Meeting
BusinessDeals Logo

Business Deals
Typically replies within an hour

Hi there 👋

How can I help you?
1:40
919811568568
x
Chat with Us
Contact Business