Petrol Bunk Seeking Loan in Akaltara, India
Petrol pump of a popular oil PSU operating with a storage capacity of 40,000 liters.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 500 thousand |
| Run Rate Sales | USD 470 thousand |
| EBITDA Margin | 1 % |
| Industries | Petrol Bunks |
| Locations | Akaltara |
| Local Time | 10:31 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
18 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 1,500,000)
Reason: Lack of funds for working capital.
Collateral Available: USD 18 thousand
Includes physical assets worth
USD
12 thousand
Interested to connect with advisors
Documents
Business Overview
Firm is running this petrol pump as a dealership of a popular oil PSU. The agreement is valid for 30 years which can be renewed thereafter. We do not pay any royalty to the brand however we buy the petroleum at a discounted price from the company.
Our facility has a storage capacity of 40,000 liters. On a daily basis we receive 50+ customers. Competition has increased due to large number of increasing petrol pumps within 5 kms range. We are also facing a shortage of cash due to low margin and high operational expenses and are looking to raise funding.
Business owned assets include the facility setup and equipment.
Products & Services Overview
Petrol, diesel and engine oils.
Facilities Overview
Rented premises of 600 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysBusiness Development Head, Hotels & Resorts, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Printing, Raigarh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Health, Raipur, Individual Investor / Buyer connected with the Business
Tags:
Fuel Station Seeking Loan in Akaltara, India
·Petrol Bunk Seeking Loan in Akaltara, India
·Gas Station Seeking Loan in Akaltara, India
·Lend to Fuel Station in Akaltara, India
·Lend to Petrol Bunk in Akaltara, India
·Lend to Gas Station in Akaltara, India
·Fuel Station Seeking Loan
·Petrol Bunk Seeking Loan
·Gas Station Seeking Loan
·Lend to Fuel Station
·Lend to Petrol Bunk
·Lend to Gas Station
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