Newly Established Vehicle Rental Business Seeking Loan in Mangrove, Barbados
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Vehicle Rental |
| Locations | Mangrove |
| Local Time | 11:00 PM America / Barbados |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- The company aims to cater to the transportation needs of both local residents and tourists.
- The business model involves B2B contracts with corporate clients, indicating a focus on corporate partnerships.
- The company has conducted online surveys and market research to identify the demand for vehicle rentals and has identified a potential supply-demand gap in the Barbadian market.
- The projected annual sales are in the range of BBD 90-120, positioning the company for potential growth in the coming years.
- Taxi services.
- Rentals from anywhere for a duration of 1 day to the entire month.
- Rentals for mothers who need reliable trans speed as well as tourists.
Property.
Vehicle.
Computers.
Furniture.
Company phones.
No outstanding loans.
There are 2 shareholders in the business.