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Moving Company Seeking Loan in Kathmandu, Nepal

Kathmandu based packing and moving business receiving 80 bookings per month.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 18 thousand
Run Rate Sales USD 13 thousand
EBITDA Margin 15 %
Industries Moving Companies
Locations  Kathmandu
Local Time 12:37 PM Asia / Kathmandu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 15 thousand for 15.0% annual interest, 3 years (Native Currency: NPR 2,000,000)
Reason: For working capital required to sustain this business during current market conditions.
Collateral Available: USD 0
Includes physical assets worth USD 2.2 thousand
Business Overview

- A Kathmandu based packers and movers business.

- We provide transportation services to customers looking to shift residence. We help transport all their belongings to their new residence.

- Provide our services all over Nepal.

- Receive an average of 80 bookings per month.

- We have 4 trucks that we are renting. These trucks are used by us to complete orders / bookings. We also have tie-ups with over 400 other vehicle drivers on contract basis.

- Revenue has reduced this year due to COVID-19.

- Physical assets include office setup and furniture.

Products & Services Overview

Packers and movers, transportation services pan Nepal.

Facilities Overview

700 Sq. Ft. rented office space in Kathmandu.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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