Charter Bus Company Seeking Loan in Surat, India
Flexible bus service delivering affordable transportation options needs funds to expand business to other routes.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 49 thousand |
| Run Rate Sales | USD 85 thousand |
| EBITDA Margin | 20 % |
| Industries | Charter Bus |
| Locations | Surat |
| Local Time | 1:20 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
112 thousand
for
10.0%
annual interest,
7
years
(Native Currency: INR 10,000,000)
Reason: Reasons for seeking a loan:
1. Business expansion:
O To finance the opening of new routes, increa...
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Collateral Available: USD 28 thousand
Includes physical assets worth
USD
28 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(299.0 KB)
Business Overview
- Route focus: Daily intercity bus service from surat to shirdi, a high-demand route catering to both pilgrims and tourists.
- Client base: Serving over 10,000 clients yearly, with a consistently growing customer loyalty program.
- Revenue model: Primary revenue generated through ticket sales.
- Revenue growth rate: Achieved a remarkable annual revenue growth rate of 17% to 20%, reflecting increased ridership and market expansion.
- Business relationships: Established partnerships with key stakeholders including travel agencies, local businesses, and tourism boards to enhance visibility and sales.
- Promoter experience: Led by a team with over 10 years in the transport and logistics industry, fostering strong operational efficiency and customer service excellence.
- Client base: Serving over 10,000 clients yearly, with a consistently growing customer loyalty program.
- Revenue model: Primary revenue generated through ticket sales.
- Revenue growth rate: Achieved a remarkable annual revenue growth rate of 17% to 20%, reflecting increased ridership and market expansion.
- Business relationships: Established partnerships with key stakeholders including travel agencies, local businesses, and tourism boards to enhance visibility and sales.
- Promoter experience: Led by a team with over 10 years in the transport and logistics industry, fostering strong operational efficiency and customer service excellence.
Products & Services Overview
We operate a top-selling intercity bus service from Surat to Shirdi, running daily to meet strong demand. This route ensures reliable, comfortable, and timely transportation for pilgrims and travellers, capitalizing on the growing tourism and religious traffic to Shirdi. Investing in this service provides an opportunity to tap into a lucrative market while delivering essential connectivity.
Assets Overview
Tangible assets:- Office Equipment:
- Computers and laptops.
- Printers and copiers.
- Office furniture (desks, chairs, etc. ).
- Leasehold Improvements:
- Office space modifications.
- Inventory:
- Marketing materials (brochures, flyers).
The 2 buses are currently on a rental basis and not owned by us.
Intangible assets:
- Brand recognition: Established brand name in the travel industry.
- Customer relationships: A growing database of clients and customer loyalty.
- Intellectual property: Proprietary travel packages and itineraries.
Facilities Overview
Currently, we operate with 2 buses on a rental basis, allowing us to efficiently manage our fleet while minimizing overhead costs. This flexible approach enables us to scale our operations based on demand and optimize our service offerings.The company is headquartered in Surat, Gujarat.
Capitalization Overview
The business is currently funded through personal investments from the founders and financial support from the parent company. This approach allows us to maintain control over operations while ensuring sufficient capital for growth and development.
Recent Activity
-
Earlier than 15 daysPartner, Logistics, Bengaluru, Individual Investor / Buyer connected with the Business
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