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Newly Established Vehicle Rental Company Seeking Loan in Guwahati, India

Bike and car rental company based in Guwahati, seeking loan to scale up.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 30 - 40 %
Industries Vehicle Rental
Locations  Guwahati
Local Time 7:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 7 thousand for 10.0% annual interest, 5 years (Native Currency: INR 500,000)
Reason: We need capital to scale up the business. As it is a small business we do not have high financial ne... View More
Collateral Available: USD 27 thousand
Includes physical assets worth USD 47 thousand
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Business Name
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Business Overview

- Business is a vehicle rental company based in Guwahati.

- We are running this business profitably for 4 years but it was incorporated in 2020.

- In the last year alone, even with the frequent lockdowns, we managed to serve 900+ clients.

- Every month we get 40-50 clients on an average but the number fluctuates and increases according to the tourist seasons.

- We own a total of 20 vehicles including cars, bikes and scooters of all price ranges. We have economy vehicles as well as SUVs and MUVs.

- The Assam government has initiated a lot of projects to increase tourism and we expected this to aid growth in our business in the coming years.

Products & Services Overview

Vehicles like scooters, cars and bikes are given on rent to the tourists and occasionally even local dwellers.

Assets Overview

We own the parking land, 6 scooters, 7 touring bikes, 3 sports bikes, 2 economy bikes and 2 hatchback cars.

Facilities Overview

We operate from a rented 144 sq. ft. office. The vehicles are parked on our owned parking space of 750 sq. ft.

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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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