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
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin 20 %
Industries Charter Bus
Locations  Pune
Local Time 5:30 PM India
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 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 200 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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
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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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