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Charter Bus Company Investment Opportunity in Bilaspur, India

Company primarily focusing on airport traffic, offers smart shuttles between Bilaspur and Raipur.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 10 - 20 %
Industries Charter Bus + 1 more
Locations  Bilaspur
Local Time 7:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 47 thousand for 10.0% stake (Native Currency: INR 3,500,000)
Reason: Funds are required for business expansion and promotion. Our business is unique and we plan to exten... View More
Includes physical assets worth USD 53 thousand
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Business Overview

- Company engaged in providing solutions for intercity travel, targeting tier 2 cities where one does not have an airport facility and needs to travel to the neighbouring city.

- Offer smart buses between Bilaspur & Raipur and cab services are also available on an individual and sharing basis.

- We have tie-ups with 20- 25 cab service providers and we own 2 minibuses.

- Our revenue model is retail sales (B2C), i. e. upfront payments without any backlogs and book directly on the website.

- We charge INR 600 per seat for the bus and INR 1,800 for the cab booking, between Bilaspur & Raipur.

- Our shuttle buses have a capacity of 11 passengers per vehicle, we are highly appreciated for our quick, and hassle-free service.

- Also available for local and outstation personalized booking - extremely popular among local peers for short trips and weekend getaways to Kanha, Kisli, Bandhavgarh, Pench, Varanasi, and Nagpur.

- We have a database of 5,000 registered users on our platform.

- On average, we receive around 300 users per month for our cab and shuttle buses. Mostly we get shuttle buses bookings.

- We have recently launched a fast courier service between Raipur and Bilaspur for small packages.

Products & Services Overview

Offer smart buses, cab booking services. The USP of our shuttle buses is that we have a customized interior with all luxurious amenities, like mobile charging ports at each seat, overhead A/C ducts and reading lamps, Bluetooth speakers, LED screen, push back seats with arm and footrests, overhead storage and utility rack, weather-proof rooftop luggage carrier and highly trained staff in proper uniform, at the most economical fares.

Assets Overview

2 customized minibuses with interiors. We also own a website along with the domain and have an extensive user database.

Facilities Overview

We are currently working in WFH mode and carry out all our operations and promotions digitally. Once the tourism industry again picks up its pace we plan to shift to rented office space of 2,000 sq. ft. area.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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