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Newly Established Charter Bus Business Seeking Loan in Giridih, India

Ready-to-launch EV bus transport service Giridih–Ranchi, targeting INR 2 crore revenue growth in 2 years.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Charter Bus
Locations  Giridih
Local Time 11:10 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 6.8 thousand for 10.0% annual interest, 1 year (Native Currency: INR 600,000)
Reason: We are seeking investment to launch our business by renting an EV bus within 15–30 days of funding. ... View More
Collateral Available: USD 0
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Name, Phone, Email
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Business Name
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User Verification
Documents
Business Plan
Banner
Udyam Certificate
Business Overview
- The business is a non-operational charter bus service based in Giridih, providing eco-friendly electric bus transport between Giridih and Ranchi.
- With a planned launch in the near future, the company aims to tap into the growing demand for sustainable transport options in the region.
- With 1 year of industry experience, the promoter brings valuable insights into operating a charter bus service effectively.
- Leveraging a strong network within the family, the business is poised to establish partnerships and build a loyal customer base in the transportation sector.
- The business anticipates significant growth, projecting revenues to reach 2 crores in the next 2 years through strategic marketing and customer acquisition.
- The company holds a Udyam certificate and is in the process of obtaining all necessary approvals and certifications to ensure compliance before launch.
- The target customers include daily commuters, group travelers, and tourists looking for comfortable and sustainable travel solutions between Giridih and Ranchi.
Products & Services Overview
We will provide charter bus service between Giridih and Ranchi in a luxurious, eco-friendly electric bus to daily commuters, group travelers, and tourists looking for comfortable and sustainable travel solutions.
Assets Overview
Currently, the business does not own any physical assets.
Facilities Overview
We are in the process of renting an office for operations.
Capitalization Overview
Sole proprietorship business with no existing loans.
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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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