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Charter Bus Company Seeking Loan in Dhaka, Bangladesh

Company providing quality bus services seeks a loan.

Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 800 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 20 - 30 %
Industries Charter Bus
Locations  Dhaka
Local Time 9:48 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 800 thousand for 13.0% annual interest, 3 years (Native Currency: BDT 90,000,000)
Reason: We are seeking this investment to purchase new buses to further improve our passenger services. We i... View More
Collateral Available: USD 45 thousand
Includes physical assets worth USD 14 thousand
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Business Overview

- About 15,000 people are taking this service every day in this place where we have taken the permit.

- And every day its amount is increasing at the rate of about 5%.

- We have been successfully providing this service to people for the past 3 years.

- We have leased the buses for 11 years but do not own these buses.

- At the same time, we are also offering attractive discounts and incentives for our regular passengers.

- Our approved road is from Kishoreganj to Mohakhali. Here we have two main counters and several sub-counters. All of those positions into rental deeds.

Products & Services Overview

It is a transport business. So our main service is acting as a bus operator.

We ensure a maximum comfortable and safe journey for passengers. The general public is covered by this service.

Assets Overview

Our counters, our manpower is our highest standards of passenger service are our great assets.

We also have our own separate software-based systems with our own ticketing devices.

Facilities Overview

The office is located in the center of the city on a 2,300 sqft area with a monthly rent of BDT 43,000.

Capitalization Overview

- The business has been financed by the two owners and 6 more shareholders.

- This business has no debt at this time.

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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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