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Charter Bus Company Seeking Loan in Jaffna, Sri Lanka

Semi-luxury buses providing 60 trips per month, from Jaffna to Colombo seeks loan to expand.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 33.4 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 30 %
Industries Charter Bus
Locations  Jaffna
Local Time 9:51 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 330 thousand for 20.0% annual interest, 5 years (Native Currency: LKR 98,000,000)
Reason: Require funds to buy 2 buses and route permits.
Collateral Available: USD 0
Includes physical assets worth USD 330 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
ROC Certificate
Document- Page 1
Document- Page 4
Document 2
Brand Name
Business Overview
- Bus transportation service operating between Jaffna and Colombo.
- Dedicated to serving both local customers and tourists on tour.
- Fleet consists of semi-luxury buses.
- Conducts approximately 60 trips per month, with peak season from April to September.
- Current employee base to be retained to meet growing demand.
- Promoters bring 5 years of industry experience.
- Target market defined through thorough market research.
- Collaboration potential with luxury hotels and tour packages.
- Opportunities for additional revenue through parcel services and special offerings.
- Revenue model based on distance, amenities, and competitor pricing.
- Strategic pricing to maintain competitiveness.
- Industry experts managing brand promotion and social media presence.
- Experienced staff following best practices in luxury bus public transport.
- Strong relationships established with other luxury bus services for mutual benefits.
- Contacts with bus seat booking agents in Jaffna and Colombo for added advantages.
- Collaboration with local authorities for necessary permits and regulatory compliance.
- Unique amenities include free water bottles, high-speed WiFi, and comfortable services.
- Comfortable seating, onboard entertainment, and personalized services offered.
- Focus on customer satisfaction with additional services like food and beverages from affiliated hotels.
- Collaboration with bus booking platforms for online bookings.
- Implementation of GPS service for real-time tracking.
- Comprehensive marketing strategy through local TV channels, websites, and social media.
- Building a strong brand image reflecting luxury and reliability.
- Dedicated service maintenance schedule for buses.
- Well-trained drivers meeting safety standards.
- Adoption of eco-friendly practices, including passing emission tests.
- Encouraging and showcasing positive customer feedback through social media.
- Building trust among potential clients.
Products & Services Overview
Bus transportation service from Jaffna to Colombo.
Serving local customers and tourists for tours.
Assets Overview
The business assets include:
3 semi-luxury buses.
Facilities Overview
NA, we work from home at the moment.
Capitalization Overview
Sole owner.
Self funded operations.
No loans or debts.
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3 Investors viewed this Business this week. Register below to connect now!
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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