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Ground Logistics Business Seeking Loan in Palghar, India

MSME certified logistics business with 30-50 monthly consignments, seeking funds for expansion.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 144 thousand
Run Rate Sales USD 139 thousand
EBITDA Margin 10 %
Industries Ground Logistics
Locations  Palghar
Local Time 8:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 115 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: The funds will be used to acquire more clientele and increase business presence by assisting in open... View More
Collateral Available: USD 0
Includes physical assets worth USD 580
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
MSME Certificate
Office Video
Business Overview
- The business is MSME certified and is involved in transporting about 30-50 consignments per month.
- We have more than 20-30 customers at this point who require materials to be sent all over India.
- Enquiries are received on a daily basis.
- The owner has 20+years of experience working in the industry.
- The business get 30-45 days payment terms on a credit basis.
- Our services are pan India at this point in time.
- Recorded a drop in sales due to a lack of fund availability to take up some projects.
- Currently the business leases the trucks that it uses for running operations.
- All employees are hired on a contractual basis for now.
Products & Services Overview
We provide full truck load service to our customers.
We have clients from pharmaceuticals, hardware, chemical, engineering and edible oil industries.
Assets Overview
Tangible assets: Computers, equipment belonging to the office & laptop.
Facilities Overview
Leased office area of 150 sq ft with a monthly rental of INR 5,000/-
The leased had to renew in every year.
Capitalization Overview
The business has only one owner who holds 100% of the company and there are no loans at this point in time.
Recent Activity
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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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