Profitable Petroleum Product Company for Sale in Deoghar, India
Acquire a channel partner of Indian Oil.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 280 thousand |
| Run Rate Sales | USD 280 thousand |
| EBITDA Margin | 25 % |
| Industries | Petroleum Product |
| Locations | Deoghar |
| Local Time | 12:05 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
58 thousand
(Native Currency: INR 5,000,000)
Reason: We currently lack the necessary funds to expand the business to its fullest potential.
Includes physical assets worth
USD
35 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
PPT of The Business
(3.5 MB)
Certificate of Incorporation
(524.2 KB)
Enrolment Letter from IOCL
(74.9 KB)
Business Overview
- The company currently provides services in Deoghar, Jharkhand, using a single vehicle.
- The daily sales range from 2,000 to 2,500 liters of High-Speed Diesel (HSD) from one location.
- Currently operating within a 5 km radius in Deoghar Jharkhand, the company delivers between 2,000 to 2,500 liters of high-speed diesel daily, indicating a robust demand in the region's rural market.
- With an allowed license from IOCL, the company leverages its strategic positioning to potentially expand to urban areas, emulating successful delivery models akin to Swiggy and Zomato for enhanced fuel delivery services.
- Company has a certificate of incorporation, a nationwide license for fuel delivery from IOCL.
- The daily sales range from 2,000 to 2,500 liters of High-Speed Diesel (HSD) from one location.
- Currently operating within a 5 km radius in Deoghar Jharkhand, the company delivers between 2,000 to 2,500 liters of high-speed diesel daily, indicating a robust demand in the region's rural market.
- With an allowed license from IOCL, the company leverages its strategic positioning to potentially expand to urban areas, emulating successful delivery models akin to Swiggy and Zomato for enhanced fuel delivery services.
- Company has a certificate of incorporation, a nationwide license for fuel delivery from IOCL.
Products & Services Overview
- Product - high-speed diesel.- The customers include government offices and general public.
- Customers order the fuel through phone call or by physical collection.
- We deliver to customers in a 5km radius in Deogarh, Jharkhand.
- The service area right now is purely rural.
For urban area the services could akin to the Swiggy and Zomato. Just as these platforms connect users with food delivery options, user can be connected with convenient fuel delivery services as the company already has the license for that.
Assets Overview
Physical assets - 1 tankers of 6 KL each equipped with fuel disbursing machine - cost INR 30 lakh.GST Credit of Rs. 10 Lakh is available in ITC ledger.
Intangible assets: Nationwide license from Indian oil corporation, as a channel partner for door-to-door delivery of high-speed diesel (fuel ENT), valued at over INR 2.0 crore, is now available for purchase.
The sale includes the transfer of 100% shareholding and directorship of the existing company to the buyer.
Facilities Overview
No such facility is available.Company is running from the parental house of promoter.
The parking of the trucks would require 400 sq. ft. of space.
Capitalization Overview
All funds are sourced from directors and promoters.No debt is in the company.
Total number of shareholder: 2 with 100% of equity holding.
Recent Activity
-
Earlier than 15 daysFounder, Software, Technology & AI, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Development Manager, Business Consulting, Baku, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProduct Manager, Automobile Dealer Technology, Gurgaon, Individual Investor / Buyer connected with the Business
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