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Freight & Logistics Business Investment Opportunity in Hosur, India

Logistics service provider to Ashok Leyland delivering their new vehicles across India seeks an investor.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.8 million
EBITDA Margin 10 - 20 %
Industries Freight & Logistics
Locations  Hosur
Local Time 4:14 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 250 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: - We need an investor who can bring in new technology and a new pattern of executing this operation.... View More
Includes physical assets worth USD 9 thousand
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Business Overview

- Business delivers vehicles manufactured by Ashok Leyland across India.

- The business delivers these trucks to Ashok Leyland showrooms and customers like DRDO, Indian Army, and Indian Navy.

- The business has a good annual turnover of around INR 14-15 crore.

- Have a good network with dealers and manpower PAN India.

- Pan-India scattered workforce of about 700 drivers that deliver the trucks to their destination.

- These are contractual drivers who are paid on a per kilometer basis. We have direct contact with the drivers and they are not hired through any agency.

- Outstanding loan amount of INR 55 lakh and we have an overdraft facility under the CGTMSE scheme.

- The business has been operating for 7 years and the proprietor has experience of 30 years in this field.

Products & Services Overview

We supply to all the different models of heavy vehicles of Ashok Leyland to DRDO, Indian army, Navy, and LH vehicles to export. We also deliver these trucks to the dealerships and showrooms.

Assets Overview

Tangible assets like office fittings and furniture are worth INR 7.5 lakh.

Facilities Overview

- 2 acres of land of rented land in Hosur for warehousing the vehicles. The monthly rental INR 60,000.

- Main administrative and accounts office is in Bangalore. This office is rented.

We consider Hosur as the headquarters of our business.

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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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