Updated - 26-04-2024
Bengaluru, Karnataka, India
Retail
Investment
40 Lacs
Category
Retail
Turnover
70 Lacs
Sub Category
Automobile
Legal Entity
Private Limited
Business Listed By
Representative
A Second Hand Bikes/Used Bikes business looking for Franchisees/Dealers was started in 2017. We are proudly the only Used Two-wheeler Brand with such high levels of Customer Satisfaction and Trust. We have sold 1Lac bikes till 2022.and the Turn over from 2017-2022 is Rs200Cr .We have our 5 owned stores and 3 franchise stores in Bengaluru ,Mumbai, Pune and Hyderabad. The area of each store is 900 sq.ft and each store has 50 vehicles .We are dealing in B2C sector .We purchase the second hand or used bikes from the individual seller .Our team member do the inspection of 2 wheeler and check all the documents .We do the repairing of vehicles if needed and then sale it to the buyer ,we also provide 6 months warranty on the vehicles. We want to expand our business and want to set-up more franchise stores in Bengaluru and PAN India for that we are looking for investment of Rs 40Lac.
Year of Establishment
2017
No. of Employees
600
Current Status of Business
Running Profitable
Business Relocatable
Yes
Purpose of Joint Venture
Financial ()
Role of New Partner
Silent
Property Type
Owned
Property Value
N.A
Property Classification
N.A
multiple outlets on rent
Disclosed after the discussion.
No competition
Second Hand Bikes/Used Bikes
Growth potential is high. Rs5Cr ANTICIPATED MARKET GROWTH BY 2024
EBITDA N.A
PAT N.A
Debt N.A
Teaser/Information Memorandum
Valuation Report
Financials
