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Newly Established Petrol Bunk Seeking Loan in Darwha, India

Opportunity for a new petrol pump in Darwha, partnering with Nayara company.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Petrol Bunks
Locations  Darwha
Local Time 3:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 236 thousand for 10.0% annual interest, 4 years (Native Currency: INR 20,000,000)
Reason: - To start the operations and registrations. - The business owner owns multiple enterprises and pla... View More
Collateral Available: USD 0
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Business Overview
- The business will operate within the petrol bunk industry in Darwha, a taluka with a population exceeding 60,000.
- The business will have a team of 5 employees dedicated to the retail sale of petrol, diesel, and various other petroleum products.
- Situated in Darwha, the business will capitalize on the scarcity of petrol pumps, as there are currently only 2 in operation, presenting a promising opportunity.
- Proposed new petrol pump will be operated in partnership with Nayara Company, providing an opportunity for collaboration with an established company in the petroleum industry.
- The business lacks regulatory approvals or licenses as the Indian government does not issue them for petrol stations until the land purchase is finalized.
Products & Services Overview
The business's key products and services consist of selling petrol, diesel, and other petroleum products, utilized by customers primarily for fueling vehicles and machinery.
Assets Overview
The owner is in negotiations to purchase a piece of land valued at INR 1.5 crore, spanning an area of 10,764 square feet.
Facilities Overview
- The business is presently in the process of acquiring a plot of land measuring 10,764 square feet near a state highway in Darwha district, Yavatmal, Maharashtra.
- The land is priced at INR 1,500 per square foot.
Capitalization Overview
- Self owned.
- Self funded.
- No outstanding loans or debts.
Recent Activity
  • Earlier than 15 days
    Partner, Pune, Financial Consultant connected with the Business
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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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