Newly Established Vehicle Rental Company Seeking Loan in Hyderabad, India
- We have recently started a bike rental service for premium two wheeler vehicles.
- Prior to our incorporation this year, we were running a similar business 5 years ago under a partnership firm for 3 years before stopping it.
- We have an existing customer base of over 5,000 users and a good brand reputation from our prior business.
- Have over 35 vehicles including premium motorcycles such as royal enfield and KTM as well as daily use vehicles like Honda Activa.
- For our premium vehicles we generally get daily rental requests and for our other vehicles we get more of weekly or monthly rental requests.
- We have an app in development which would make it easier for users to rent our bikes directly through the app.
- Promoter has over 6 years of experience in the space of bike rentals.
- Company's physical assets include 35 bikes and motorcycles.
Renting out premium and daily use two wheeler vehicles.