An Authorised Dealership for Electric Vehicles Available for Resale in Kannur
Product / Service
This Sole Proprietorship business is operational since August 2017. They are the authorized dealers for Battery operated 3 wheelers including E Rickshaws and E Carts.
They are in operation for more than a year in Kerala and have built up awareness and customers who are strongly aligned to us. The Indian Army has been a repeat customer which speaks positively about the product quality and the rapport they have built. The individual customers have become brand Ambassadors of their product.
They receive around 50-60 inquiries every month. Total staff working are 3. Monthly rent is 25,000 and premise area is 1200 sq.ft.
The turnover for FY 2017-18 was INR 10 lakhs and net profit margin was 10%. Asking price is INR 5 lakhs. (Owner invested around INR 5 lakhs for Dealership, registration, marketing) (any other information required is available on request)
Reason
Lack of working capital
₹10 to ₹200 Cr
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