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Last Mile Delivery Company Seeking Loan in Sofia, Bulgaria

Last-mile electric motorcycles company with 1,000 vehicles leased in Europe generating €300,000 per month.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1 - 2 million
Run Rate Sales USD 4.1 million
EBITDA Margin 20 - 30 %
Industries Electrical Vehicles + 1 more
Locations  Dubai + 1 more
Local Time 5:31 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.2 million for 14.0% annual interest, 3 years (Native Currency: AED 8,000,000)
Reason: We have a signed contract for 1,000 vehicles to be leased generates €300,000 per month. The loan wi... View More
Collateral Available: USD 270 thousand
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Business Overview
We create impact and profit in unexpected markets.
* 1,000 vehicle Purchase Order (in hand).
* 6,000 vehicle commitment (in hand).
* Secured an assembly plant in Europe.
• Technology/product roadmap (5 years).
* Built an internationally recognised, trusted brand.
* Scaled into 12 countries (24 more in conversation)
* Built a dedicated team aligned to a global vision.
* Created high barriers to entry.
* Invested five years building foundational growth.
* Multi-award-winning.
* Audited ESG framework.
In our sector, we are building the largest last-mile EV lease mobility brand globally.

Investment purpose:
* Deliver 1,000 vehicles towards contract.
* Generating €300,000 per month.
* Leading to institutional capital for following 6,000 vehicles.
* 20,000 vehicles leased generating by 2033.
Distribution contracts signed for the following countries; UAE, UK, Sri Lanka, Nepal, Chile, Bahrain, Iraq, Jordan, Ethiopia, South Africa, Croatia, Bahrain.
Products & Services Overview
We design, build, and distribute electric 2- and 4-wheeled commercial vehicles for last-mile delivery.
We have signed PO for 1,000 vehicles (first tranche from 6,000). We are raising to produce and lease the vehicles with a guaranteed 3 year contract.
Current vehicle forms:
• 3x models of moped/scooter (modular design)
• 1x light commercial van.
• 1x micro-car ready for launch.
Customers:
• Fleet operators / 3rd party logistics.
• Delivery Services Companies.
• Fleet Leasing.
We also provide.
1. Telemetry – Ai optimised fleet and rider management subscription (MRR)
2. Energy-as-a-Service subscription (MRR)
3. Distribution – growing partner network.
4. After-sales training network programme.
Roadmap is confidential and can be shared upon commitment.
Assets Overview
Tangible assets - vehicles.
Intangible assets - IP (trademarks, design, trade secrets, patents pending), and international distribution contracts (booked revenue) valued at USD 60m (3-year rolling contracts).
Facilities Overview
Croatia: 1 assembly plant.
UAE: 1 office in DIFC (central Dubai)
UK: 1 office of the holding company in West End, London.
All leased (low overhead).
The holding company is located in London, with the global operating HQ and the management team located in Dubai, UAE.
We have an entity registered in Bulgaria for our operations in Europe and other jurisdictions.
Capitalization Overview
- Capitalised through the profit from sales.
- The company has no debt and there are 4 shareholders with the two founders owning a majority stake of ~93% and the rest is owned by an SPV and BVI entity and an SOP.
International trademarks are secured.
Recent Activity
  • 2 days, 6 hours ago
    CEO & Managing Partner, Bengaluru, M&A Advisor connected with the Business
  • Earlier than 15 days
    Global Head, Fintech, Dubai, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Manager, Dubai, Financial Consultant connected with the Business
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1 Investor contacted this Business this week. Register below to connect now!
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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