Newly Established Vehicle Rental Business for Sale in Vijayawada, India
|Employees||10 - 50|
|Legal Entity||General Partnership|
|Reported Sales||USD 130 thousand|
|Run Rate Sales||USD 160 thousand|
|EBITDA Margin||20 %|
|Local Time||6:09 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Business is a car rental company with a long term contract with Indian Railways, Vijayawada division.
- There is 6-year contract which is to be renewed every 2 years. We are 1 year into this contract currently.
- We provide cars for their use on per kilometer charges of INR 37.7.
- The cars are available for a minimum of 250 KMs to 3,000 KMs.
- We own a total of 20 cars, not older than 12 months.
- All the cars are in use every day and are being utilized at maximum capacity. Fuel costs are borne by the user.
We provide vehicles for rent to Indian Railways on a per kilometer basis.
- Physical assets include 19 Mahindra Bolero Camper and 1 Tata Winger 12 seater. All the vehicles are 7-12 months old.
- Value of assets is inclusive of an INR 25 lakh fixed deposit in SBI bank under the company name which will also be given to the buyer.
We have a rented office in Vijayawada.
Earlier than 15 daysCEO, Supermarket, Hyderabad, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysDirector, Construction And Material Supplier, Pune, Individual Investor / Buyer connected with the Business
Earlier than 15 daysYoga Instructor, Educational Society, Gudivada Rural, Individual Investor / Buyer connected with the Business