Vehicle Rental Business Seeking Loan in Cebu City, Philippines

Car rental business in Cebu offering 24-hour self-driven cars and cars with drivers.

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 1.7 thousand
Run Rate Sales	USD 10 thousand
EBITDA Margin	25 %
Industries	Vehicle Rental
Locations	Cebu City
Local Time	5:21 PM Asia / Manila
Listed By	Business Owner / Director
Status	Active

6.8 / 10

Compare with industry

Seeking Loan

USD 9 thousand for 10.0% annual interest, 2 years (Native Currency: PHP 500,000)

Reason: At this stage of our business, funding will be used to improve our marketing strategies and gather m... View More

Collateral Available: USD 17 thousand

Includes physical assets worth USD 170 thousand

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

Business Permit Certificate (5.7 MB)

Certificate of Business Registration (3.9 MB)

Official Receipt (849.3 KB)

Business Overview

- Car rental business in Cebu City started in 2018.

- Business has HQ in Cebu City and a branch office in Sta. Fe Bantayan.

- We provide 24-hour self-driven cars, cars with drivers and fuel.

- Started the business last year with 1 car and now we have a fleet of 50 cars.

- Our cars vary from 4 seaters to 18 seaters with daily rent costs ranging from PHP 1,500-4,000.

- We receive 5-15 bookings on a daily basis.

- Our sales have increased since we recently added more cars and getting more bookings.

- The tourism business in Cebu is booming and this will help us grow our business.

- Business owns cars, furniture, website.

Products & Services Overview

24 hours self-drive cars and cars with driver rental cars with fuel.

Facilities Overview

We have 2 rented offices located in Cebu City and Sta. Fe Bantayan with an average of 18 sqm each.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Owner, Tech, Schwetzingen, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Country CEO, Financials, Quezon City, Individual Investor / Buyer connected with the Business

Tags:

Vehicle Rental Business Seeking Loan in Cebu City, Philippines

Bike Rental Business Seeking Loan in Cebu City, Philippines

Car Rental Business Seeking Loan in Cebu City, Philippines

Lend to Vehicle Rental Business in Cebu City, Philippines

Lend to Bike Rental Business in Cebu City, Philippines

Lend to Car Rental Business in Cebu City, Philippines

Vehicle Rental Business Seeking Loan

Bike Rental Business Seeking Loan

Car Rental Business Seeking Loan

Lend to Vehicle Rental Business

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.

Contact Business

8 Investors viewed this Business this month.
Register below to connect now!

You might also be interested in these businesses

Frequently
Asked
Questions

Why can’t I see the business’ name or contact number? How do I contact the business?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS considers valuation attractiveness, profile completeness, activity level, feedback received from members and other additional parameters to arrive at a composite score to rate business profiles. SMERGERS compares the financial …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more

Vehicle Rental Business Seeking Loan in Cebu City, Philippines

Frequently Asked Questions

Frequently
Asked
Questions