Electrical Vehicles Business Seeking Loan in Thimphu, Bhutan
Bhutan based EV importing business that sells 30-50 vehicles per year seeks funds for expansion.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 9.6 thousand |
| Run Rate Sales | USD 810 thousand |
| EBITDA Margin | 35 % |
| Industries | Electrical Vehicles + 1 more |
| Locations | Thimphu |
| Local Time | 11:44 PM Asia / Thimphu |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
560 thousand
for
15.0%
annual interest,
5
years
(Native Currency: BTN 50,000,000)
Reason: Expansion of business in import and supply of EVs and develop EVSE infrastructure.
Need more workin...
View More
Collateral Available: USD 900 thousand
Includes physical assets worth
USD
1.35 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Charging Area
(133.1 KB)
New Chinese Model
(54.1 KB)
People carrier
(1.5 MB)
Electric Bus
(24.5 KB)
Tesla
(155.4 KB)
Price list of EVs
(77.2 KB)
License
(1010.8 KB)
CEO Office
(1.6 MB)
Conference Room
(1.6 MB)
Employees
(276.4 KB)
Business Overview
- Recognized as the No. 1 new energy electric vehicles supplier and promoter in Bhutan.
- Last year's revenue was less due to import and business restrictions.
- Last year we sold 40-50 vehicles including buses.
- This year, sold 50 vehicles and planning to import 150 vehicles.
- 21 new vehicles will be delivered next month.
- Sell to local customers and government and transport department.
- Have import export license.
- Last year's revenue was less due to import and business restrictions.
- Last year we sold 40-50 vehicles including buses.
- This year, sold 50 vehicles and planning to import 150 vehicles.
- 21 new vehicles will be delivered next month.
- Sell to local customers and government and transport department.
- Have import export license.
Products & Services Overview
Business specializing in importing green energy vehicles (electrical cars and passenger vehicles) and selling to local customers and government.
Assets Overview
Assets include building, land, pool of imported vehicles.
Facilities Overview
Own property and structure with G+2+J built on 9,254 sqft land.
Capitalization Overview
Sole owner business.Have working capital loans from FIs in Bhutan.
Recent Activity
Tags:
Electrical Vehicles Business Seeking Loan in Thimphu, Bhutan
·Import / Export Business Seeking Loan in Thimphu, Bhutan
·Lend to Electrical Vehicles Business in Thimphu, Bhutan
·Lend to Import / Export Business in Thimphu, Bhutan
·Electrical Vehicles Business Seeking Loan
·Import / Export Business Seeking Loan
·Lend to Electrical Vehicles Business
·Lend to Import / Export Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses