Profitable Freight & Logistics Business Seeking Loan in Thoothukudi, India
Logistic business operating since 1986 having a fleet of 40 vehicles.
This transaction has concluded.
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 30 % |
| Industries | Freight & Logistics |
| Locations | Thoothukudi |
| Local Time | 10:24 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
240 thousand
for
10.0%
annual interest,
6
years
(Native Currency: INR 20,000,000)
Reason: Looking for the loan to execute our new JSW project.
Collateral Available: USD 360 thousand
Includes physical assets worth
USD
700 thousand
Business Overview
- Logistic business based out of Thoothukudi, Tamil Nadu.
- Business has a fleet of 40 vehicles which includes Trailer, Cranes, Ships & others.
- We have around 22 clients all over India & the agreement with them is valid for 2 years.
- Mainly we deal with Timber, Steel, Machineries, Raw Rubber, Steel Coil, TMT bar companies.
- Some of our clients are Expo Freight, E port Logistics, Merline Timber, JSW, Sail, Sunflag & many more.
- Got a new project from JSW company & agreement is for 2 years for our ground logistic service.
Products & Services Overview
Ground Logistics, Timber Handling, Shipping Container, Warehousing.
Facilities Overview
1-Hectare land in Nighileason Nagar Millerpuram, Tuticorin owned by the business.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
-
Earlier than 15 daysManaging Director, Coimbatore, Financial Consultant connected with the Business
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