Ground Logistics Business Seeking Loan in Piarco, Trinidad
Courier services business in Piarco with 8-10 repeat clients, aiming to expand operations.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4.4 thousand |
| Run Rate Sales | USD 4.4 thousand |
| EBITDA Margin | 40 % |
| Industries | Ground Logistics |
| Locations | Piarco |
| Local Time | 8:38 PM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.47 thousand
for
4.0%
annual interest,
2
years
(Native Currency: TTD 10,000)
Reason: Seeking funds to expand business through marketing and hiring of more drivers.
Also looking to expa...
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Collateral Available: USD 0
Includes physical assets worth
USD
23.6 thousand
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Business Name
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Business Overview
- Our company specializes in providing courier services to a wide range of businesses.
- The business is located in Piarco and currently has a modest team of 2 employees, including the owner and one driver.
- With a focus on providing delivery services for various items such as packages, business-to-business deliveries, and serving a diverse client base, the business has successfully maintained 8-10 clients.
- All our current clients are repeat clients.
- Offers delivery services for a range of items including clothing, cakes, legal documents, and phone accessories, covering nationwide locations.
- Revenue model involves charging clients per delivery based on the specific area, with fees ranging from TTD 40 to 70.
- The business currently owns and operates 2 trucks to facilitate its delivery services.
- The business has identified significant potential for growth, both in terms of expanding its client base and increasing the scale of its operations.
- The business is located in Piarco and currently has a modest team of 2 employees, including the owner and one driver.
- With a focus on providing delivery services for various items such as packages, business-to-business deliveries, and serving a diverse client base, the business has successfully maintained 8-10 clients.
- All our current clients are repeat clients.
- Offers delivery services for a range of items including clothing, cakes, legal documents, and phone accessories, covering nationwide locations.
- Revenue model involves charging clients per delivery based on the specific area, with fees ranging from TTD 40 to 70.
- The business currently owns and operates 2 trucks to facilitate its delivery services.
- The business has identified significant potential for growth, both in terms of expanding its client base and increasing the scale of its operations.
Products & Services Overview
- Company providing courier services to a wide range of businesses.- Offering delivery services for a range of items including clothing, cakes, legal documents, and phone accessories, covering nationwide locations.
Assets Overview
The key tangible is our fleet of 2 owned trucks worth TTD 160,000 each.
Facilities Overview
Operate from a home facility. No office is needed given the nature of the delivery services business.
Capitalization Overview
A family owned business with 2 partners who have a 50-50 equity share.No other outstanding debts or liabilities are a part of the business.
Recent Activity
-
Earlier than 15 daysTeam Lead, Transportation, Dammam, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Investments, Mdina, Individual Investor / Buyer connected with the Business
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