Newly Established Charter Bus Company Seeking Loan in Baindur, India
Invest in a top-rated bus operating company from coastal Karnataka with a high occupancy rate.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 1.09 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Charter Bus |
| Locations | Baindur |
| Local Time | 9:03 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
570 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: The business is planning to purchase 6 additional buses to expand its operations and meet growing de...
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Collateral Available: USD 0
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Business Overview
We are one of the few private companies operating AC sleeper buses with onboard washrooms in the coastal Karnataka region.
Over the past year, we have maintained an average occupancy rate of around 80%, generating ₹6 crore in revenue, with a majority of our passengers being ladies and senior citizens.
Sales have increased substantially following the launch of additional buses on the route.
Our family has over 20 years of experience as a ticket booking agent, giving us valuable insight and a deeper understanding of the industry.
Over the past year, we have maintained an average occupancy rate of around 80%, generating ₹6 crore in revenue, with a majority of our passengers being ladies and senior citizens.
Sales have increased substantially following the launch of additional buses on the route.
Our family has over 20 years of experience as a ticket booking agent, giving us valuable insight and a deeper understanding of the industry.
Products & Services Overview
We operate a bus travel service connecting Bangalore to Coastal Karnataka. Our key feature is onboard washrooms, along with full air suspension, making the journey more comfortable for women, senior citizens, and diabetic passengers. We aim to serve those who value clean, comfortable travel.
Assets Overview
The business operates six buses: two are owned by the individual owners and leased to the business, while the remaining four are owned by the company. Apart from these, the business does not own any significant physical assets.
Facilities Overview
Operations are run from a rented head office in Byndoor (Udupi Karnataka).
Capitalization Overview
The company is held by two directors who hold 50-50% of the company each. There are no loans at this point in time.
Recent Activity
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysConsultant, Bengaluru, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Epoxy Manufacturer, Bengaluru, Corporate Investor / Buyer connected with the Business
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