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Charter Bus Company Seeking Loan in Pune, India

Ground logistics and chartered bus service provider with 4 AC luxury buses on Pune-Nagpur route.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 440 thousand
Run Rate Sales Nil
EBITDA Margin 20 %
Industries Charter Bus
Locations  Pune
Local Time 5:06 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 15.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: We want to enter the vehicle rental business and need funding to purchase cars.
Collateral Available: USD 0
Includes physical assets worth USD 175 thousand
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Business Name
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Business Overview
- Provide chartered bus services and ground logistics services to our clients.
- Have 4 luxury AC buses that can transports over 70 - 120 passengers daily on the Pune-Nagpur route. We charge on average INR 1,000 per customer.
- We are registered on online portals including redBus for instance.
- Our services have ceased temporarily due to the ongoing pandemic.
- The organisation has hired over 15 drivers currently.
- We earn around INR 10,000 daily through ground logistics and are tied up with 200+ private courier companies to that extent. We charge a fee based on the weight of the goods and only transport between Pune and Nagpur.
- Have engaged in paid digital advertising through Google Adsense and have undertaken e-mail marketing to promote the business. However, we primarily rely on word-of-mouth promotion. Our customer base is very loyal.
Products & Services Overview
Provide chartered bus services on the Pune-Nagpur route with a fleet of 4 AC luxury buses. Also provide ground logistics services to our clients.
Assets Overview
We own 4 AC luxury buses of Ashok Leyland brand. Besides that, the business owns all the interiors and furnishings of the office along with the rental deposit.
Facilities Overview
We have taken 2 offices on rent. One is in Pune and the other is in Nagpur. Both of them are 200 square feet each. We pay a monthly rent of INR 30,000 and have already paid a deposit of INR 2,00,000 for both the offices.
Capitalization Overview
Not Disclosed
Recent Activity
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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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