Listing Details : LB-14242

Asking Price 45 Lacs
Turnover 39 Lacs
Legal Entity Partnership-LLP
Category Retail
Sub Category Automobile
Business Listed By Founder

Overview

An electric vehicles company based in Warangal is available for sale or joint venture (JV). Established in 2021, the company offers a complete range of electric two-wheelers and three-wheelers, including e-mopeds, e-scooties, e-motorcycles, e-loaders, e-vendor kiosks, e-tillers, and many more innovative electric mobility solutions. We collaborate with various brands and sell their products to customers. Currently, we have stock worth 40 lakhs available. We are open to a joint venture, offering 40% equity in the company. This presents a great opportunity for investors interested in the growing electric vehicle market.

Year of Establishment

2021

No. of Employees

5

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

45 Thousand

Describe Property

N.A

Competition / Market

Yes we have some

Products & Services

the company offers a complete range of electric two-wheelers and three-wheelers, including e-mopeds, e-scooties, e-motorcycles, e-loaders, e-vendor kiosks, e-tillers, and many more innovative electric mobility solutions.

Growth Potential

Market is growing early 150% rate

Reason For Sale

Business diversion to printing solution's and constraint of time to manage EV segment which requires personal monitoring. Also another partner is planning to withdraw because of family obligations.

Financial Details

Business Deals
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