Freight Trucking Business Seeking Loan in Mangalore, India

Transportation business supplying Imported Coal, Petroleum Coke & Granule's to Karnataka, Andhra Pradesh and Karnataka.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1 million
EBITDA Margin
20 %
Industries
Locations
Local Time
8:05 AM Chennai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 2.1 million for 9.0% annual interest, 4.0 years (Native Currency: INR 150,000,000)
Reason: Buying 12 Tyres Commercial vehicles - 50 Nos.
Collateral Available: USD 0
Includes physical assets worth USD 280 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Supplier and transportation business of Imported Coal, Petroleum, Coke and granule's located in Mangalore and have been in business since 1997.

- The products are imported from South African and Indonesia and supplied to companies located in Mumbai, Andhra Pradesh and Karnataka.

- Our clients include Sponge Iron companies, cement companies and plastic production companies. Jindal Steel is one of our clients.

- We transport the products from Mangalore port and refineries to Mumbai, Andhra Pradesh and Karnataka.

- We have over 150 clients located in these regions.

- 10 trucks and vehicles are owned by the business. The other trucks and transport vehicles are on hire purchase.

- Proprietor has 32 years of experience in this field.

- Our revenues have increased as we have received more clients. The investment we require is to attain more trucks to fulfill the delivery orders.

Products & Services Overview

Transportation from Mangalore port & Mangalore refineries of petroleum, coal, coke and granule products (ONGC Subsidiary) to Mumbai, Andhra Pradesh and Karnataka.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Marketing Manager, Colombo, Financial Advisor connected with this business
  • Earlier than 15 days
    VP, Delhi, Financial Advisor accepted business proposal
  • Earlier than 15 days
    CEO, Mumbai, Financial Advisor accepted business proposal
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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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