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Highway Operator Investment Opportunity in Bhubaneswar, India

Established towing service business seeks investment for app development and marketing.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 34.6 thousand
Run Rate Sales USD 34.6 thousand
EBITDA Margin 20 %
Industries Highway Operators
Locations  Bhubaneswar
Local Time 3:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 58 thousand for 7.0% stake (Native Currency: INR 5,000,000)
Reason: Investment will primarily be used for app development, marketing strategy, and social media marketin... View More
Includes physical assets worth USD 1.15 thousand
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Business Overview
- This is an operational towing service and on-demand repair and driver service business.
- The primary service offered is towing, with a strategic focus on expanding into app-based services and providing transparent pricing.
- Business has an asset light model and it the towing trucks.
- Future market opportunities include a niche focus on targeting heavy-duty vehicles such as buses and trucks, leveraging our capabilities and experience in the 4-wheeler towing service, which remains our flagship service offering.
- The business aims to expand, leveraging an efficient app-based model, and currently operates with a lean team of three staff members.
- The business has a certificate of incorporation and GST certificate.
Products & Services Overview
Primary service offered is towing and on demand mechanical repair and driver services.
The top selling service is our towing service for 4-wheelers. We provide our services across the state of Odisha. More than 80% of our revenue comes from 4-wheeler towing services.
Our customers are individuals based across Odisha and they reach out to us by calling on our listed numbers.
Assets Overview
Tangible assets include basic office equipment and electronics. We lease all the other equipment like cranes and trucks required for towing.
Facilities Overview
- Rented office in Bhubaneswar.
- 350 sq. ft area.
- Located in the Baramunda locality, same as MCA registered address.
Capitalization Overview
- There are outstanding personal loans taken to start the business. No loans on the business name.
- There are two shareholders in this 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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