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Profitable Commuter Ferry Company Seeking Loan in Port Blair, India

Recreational boat rental company looking for funds to increase the fleet size.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 70 thousand
EBITDA Margin 40 - 50 %
Industries Marine Passenger Transport + 1 more
Locations  Port Blair
Local Time 1:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 thousand for 30.0% annual interest, 2 years (Native Currency: INR 3,500,000)
Reason: To procure new boats.
Collateral Available: USD 40 thousand
Includes physical assets worth USD 4 thousand
Interested to connect with advisors
Documents
Business Overview

- Newly established tour-operator, organizing boat trips to nearby islands from Port Blair.

- We organize 5 - 6 trips on a daily basis for 60 tourists.

- Registered with the Tourism Department, Andaman and Nicobar Islands.

- Complies with IRS rules and The Indian Vessels Act, 1917 (IV Act)

- Our company has one power boat on lease operating at full capacity.

- Looking for a business loan to increase our fleet to 3 boats to cater to the increasing demands of boat trips in Port Blair.

Products & Services Overview

- Boat trips in Port Blair.

Facilities Overview

850 Sq Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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