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Small Vehicle Rental Company Investment Opportunity in Ramanathapuram, India

Business engaged in rented self-drive cars seeks investment to expand in other cities.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales INR 2.4 lakh
EBITDA Margin Nil
Industries Vehicle Rental
Locations  Ramanathapuram
Local Time 1:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 20 lakh for 10.0% stake (Native Currency: INR 2,000,000)
Reason: A self-drive car rental company can operate with vehicles only with black and yellow number plates. ... View More
Includes physical assets worth INR 5.7 lakh
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are based out of Coimbatore aiming at providing services enjoyed by metro cities for the city at affordable prices.
- After growth of the business in Coimbatore, we will be expanding in Bengaluru.
- We are estimating an initial revenue of minimum 2 days rental / car / month assuming the business owns 5 cars.
- The car would be given for rent, & we would collect Rs. 5000 / as deposit.
- Rental price will start from Rs. 500 / per day.
- Online payment gateway has been activated.
- As of now, we own a car and we need a minimum of 5 cars to start with the business.
Products & Services Overview
Rented cars on daily basis for self-drive. Additional services will be holiday / pilgrimage packages with accommodation packages, planned road trip packages, long term rental plans (more than 3 months).
Facilities Overview
The Registered office is located in Ramanathapuram & its on rent of approximate 450sqft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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