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Newly Established Moving Company Seeking Loan in Bhubaneswar, India

Odisha based logistics company for FMCG goods and household material with 30 clients.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 32 thousand
EBITDA Margin 15 %
Industries Moving Companies
Locations  Bhubaneswar
Local Time 10:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 200 thousand for Undisclosed annual interest, 5 years (Native Currency: INR 15,000,000)
Reason: The company require loan for the expansion of its business.
Collateral Available: USD 200 thousand
Includes physical assets worth USD 27 thousand
Name, Phone, Email
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Business Name
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Documents
Business Overview

- We are a company of packers and movers for household materials, cars, bikes, FMCG goods and cement.

- We are only serviceable in Odisha with an average of 30 clients per month.

- The company has a web enabled mobile application for tracking your order on both Play Store and iOS app store.

- The order can be monitored through online monitoring system which shows the location of the transport vehicle.

- There is a 24*7 customer support staff for queries.

- The growth of the business is 30% annually.

- We deal in both B2B and B2C models of business.

- There are tie-ups with 1,000 registered vendors with us in order to provide all kinds of service through mini trucks like container auto, pick up and many other vehicles.

- There is no last year sales turnover as the sales have started in 2021.

- The company is registered in Bangalore but operating in Odisha.

Products & Services Overview

The services of the business is to provide logistics service to commercial sectors like cement, FMCG goods, plywood, furniture, civil, domestics, house and office shifting.

Assets Overview

The assets of the business are 50 computers, printers, laptops and office furniture.

Facilities Overview

The built-up area of the office is 1,950 Sq. Ft. which includes the office and parking area. The property is on rental agreement.

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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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