Ground Logistics Company Seeking Loan in Bangalore, India
Third-party logistics firm seeks funds to acquire another high-revenue and zero-debt company for growth.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.11 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Ground Logistics |
| Locations | Bengaluru |
| Local Time | 4:53 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
580 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 50,000,000)
Reason: Due to the pandemic, we had a fall in our growth momentum. We have identified and acquired a similar...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
230 thousand
Interested to connect with advisors
Documents
Business Overview
- 3PL company operating in South and Western India with its owned fleet.
- We handle 6,000 tonnes of cargo on monthly basis.
- This consists of mostly small and domestic cargo, and our clients are mainly MNCs.
- We manage 70k sq. ft. warehouse space in Pune and Mumbai for our clients.
- Also provide skilled labor, e. g. 20-odd people contracted to manage a factory for a client.
- We operate in the door to door express cargo space.
- The promoter has 20+ years of experience in this industry.
- The company's liabilities stand at INR 6.5 crore.
- Due to the pandemic, we had a fall in our growth momentum and saw a dip in sales.
- Four shareholders with a split of 95:3:1:1.
- Very lean model and we rely on one of the director's networks to acquire clients.
- We handle 6,000 tonnes of cargo on monthly basis.
- This consists of mostly small and domestic cargo, and our clients are mainly MNCs.
- We manage 70k sq. ft. warehouse space in Pune and Mumbai for our clients.
- Also provide skilled labor, e. g. 20-odd people contracted to manage a factory for a client.
- We operate in the door to door express cargo space.
- The promoter has 20+ years of experience in this industry.
- The company's liabilities stand at INR 6.5 crore.
- Due to the pandemic, we had a fall in our growth momentum and saw a dip in sales.
- Four shareholders with a split of 95:3:1:1.
- Very lean model and we rely on one of the director's networks to acquire clients.
Products & Services Overview
Road transportation.Full truck loads and express cargo.
Warehousing.
Supply chain consultancy.
Assets Overview
Tangible assets - a total fleet of 36 vehicles that includes nine 10-wheelers, nine 6-wheelers, and eighteen 4-wheelers. The vehicles are worth almost INR 196 lakh. The other assets include handling equipment worth INR 4 lakh.
Facilities Overview
3,000 sq. ft. corporate HQ office (director-owned) in Bangalore. Our registered address as per MCA is in Bangalore as well.Other offices include a 35,000 sq. ft. office in Pune (rented), a 30,000 sq. ft. office in Mumbai (rented),
And a 3,000 sq. ft. office in Ahmedabad (rented).
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Bengaluru, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysEntrepreneur, Logistics/ Warehouse, Bengaluru, Individual Investor / Buyer connected with the Business
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