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Petrol Bunk Seeking Loan in Higuey, Dominican Republic

Business owner of travel and tourism business, seeking funds to start 3 gas station business.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 480 thousand
Run Rate Sales USD 480 thousand
EBITDA Margin 40 %
Industries Petrol Bunks
Locations  Higuey
Local Time 6:56 PM America / Santo Domingo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.5 million for 10.5% annual interest, 20 years (Native Currency: USD 1,500,000)
Reason: Seeking funds to start a gas station business.
Collateral Available: USD 0
Includes physical assets worth USD 60 thousand
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Business Name
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Business Overview
- Business owner of a travel and tourism business is seeking to diversify their portfolio by starting 3 gas station business in Higuey, Dominican Republic.
- The target is to accommodate 6 to 8 gas filling machines for each gas station. The facility will also include a small food shop and drinks outlet.
- The chosen locations are Punta Cana and Puerto Plata, which are key tourist destinations in the Dominican Republic, attracting a high volume of travelers and tourists and are major bus companies.
- With limited gas station options in the area, the business stands to benefit from a potentially captive market of drivers and tourists seeking fuel and convenience services.
- The cost of regular gasoline per gallon is $4.82, while premium gasoline is priced at $5.15 per gallon, reflecting the potential profit margins for the business. Monthly gallons sales goes from 40,000 gallons up to 80,000 gallons.
Products & Services Overview
Gas station - with capacity to accommodate 6 to 8 gas filling machines.
Target locations are Punta Cana and Puerto Plata, which are key tourist destinations in the Dominican Republic and have major bus companies.
Assets Overview
Physical assets include computers and vehicles which are from the existing travel & tourism business.
The gas station business has no physical assets yet.
Facilities Overview
No dedicated facility yet. Operating from residential premises.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There is 1 owner/shareholder in the business.
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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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