Online automotive e-commerce company in Spain for sale

• Revenue: < 3M EUR
• Employees: > 30
• Location of the Online automotive e-commerce company: Spain
• Reason for sale: The owners want to grow the company in Spain, therefore are looking to talk to interested investors
• #CFIE ITS191

This online automotive e-commerce company for sale is located in Spain and the owners present it as an opportunity for interested investors. The company is open for investors to help bringing the business to the next level, the enterprise needs funds to grow the business model and the online presence. The company sells cars online directly without any distributor, it is a new online model to have people buy cars directly and have them delivered at their door. This e-commerce company has around 35 employees and the revenue is continuously growing, last year the turnover reached almost 3M Euro. It is quite a young company, it has only 3 years of presence on the market and it needs resources, including financial, for growing. A potential buyer could be a larger automotive company that can integrate this business model into its own activity and reach new clients.

The company for sale offers to its clients the solution to buy online the desired car. It is a service that combines cutting edge technology with assistance from automotive industry experts. The solution enables a smarter and easier way of purchasing a car. There are 4 important elements of this solution: live video, virtual reality experience, test drive and payment. Customers have to register on the platform using either the web page or the app. Once logged in, the customer can browse the platform and choose the type of car he is looking for. Clients can choose from a multitude of brands and models. After the car is chosen, on a live video session the customer has the opportunity to talk with an expert who, during a virtual showroom, will give important advices and specifications about the car. Further, using the VR app enabled by the company, the customer is able to take a virtual tour of the car.

The last two elements are the test drive and the payment. Once a specific car caught the customer’s attention, the customer can take it for a ride to test the car’s capacities. The test drive is free and the customer can go by his own to the car-shop or can request the car to be brought to his house or office. Moreover, the customer can also decide to drive it by himself or request an expert to drive it. While the customer sits in the co-pilot place he can ask question and listen to the expert’s explanations. When it comes to payment, the digital platform allows direct payment or financing options due to agreements the company has with diverse financial institutions. The payment’s procedures are simplified and financing options have prices below the market value. From any device with internet connection, any customer can choose a car, take advantage of live video with an expert, enjoy a virtual tour of the car, request a free test drive, finance the acquisition and buy the car he is looking for.

The company for sale enables its customers to buy cars online. In acquiring a car, the company provides its customers with live video sessions, expert advices, virtual reality experience, test drive and payment options.

• The company developed an online platform solution for automotive industry
• The solution helps the clients to buy cars online
• The owners are looking to talk with potential investors that are interested to grow the business in Spain