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Truck Rental Company Seeking Loan in South Jakarta, Indonesia

Refrigerated transport rental company with a fleet of 30 owned trucks.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin Nil
Industries Truck Rental
Locations  South Jakarta
Local Time 5:54 PM Asia / Pontianak
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 1.83 million for 7.0% annual interest, 6 years (Native Currency: IDR 30,000,000,000)
Reason: Right now there is no profit since we own old trucks and the revenue earned is used up in high maint... View More
Collateral Available: USD 1.83 million
Includes physical assets worth USD 380 thousand
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Business Overview
- The company focuses on refrigerated transport for various industries such as frozen goods, pharmaceuticals, and chemicals.
- We are operating in a high-demand market for which we need further funding to keep up with.
- The frozen market segment in Indonesia is experiencing significant growth, particularly in areas such as vegetables, frozen meat, ready meals, seafood, and online retail distribution channels, indicating the potential for expansion and increased revenue.
- We have a diverse client base, with over 100 clients, including notable corporate customers such as Starbucks, KFC, and Nestle, demonstrating a strong reputation.
- Secured long-term contracts with clients, with an average contract duration of 6 months, often extended by customers, providing stability and predictable revenue streams.
- The company offers flexible rental terms, including daily, weekly, and monthly options, tailored to customer needs, enhancing customer satisfaction and potential for recurring business.
- Holds the necessary trucking licenses, ensuring legal compliance.
- We own a fleet of 30 trucks with each refrigerated truck having a capacity of 5 - 20 cubic meters.
- The given run rate sales for the current year is just a current average, however we expect to achieve the same revenue as last year or increase the same given that we get the required funding.
Products & Services Overview
- The company's top-selling services include refrigerated truck rental for frozen goods, pharmaceuticals, and chemicals.
- These services are primarily utilized by corporate clients such as Starbucks, KFC, and Nestle.
Assets Overview
The tangible assets owned by the company mainly include 30 owned trucks worth around IDR 6 billion.
Rest of the assets include office equipment, tools, car and bike.
Facilities Overview
We have a yearly rental workshop for truck parking and repair.
Located in 3 different locations with an area of 600 sq m each. The yearly rent paid is 100 million per location.
Capitalization Overview
This is a family business with 2 shareholders who have a 50/50 equity share.
There are no debts in the company's capital structure.
Recent Activity
  • Earlier than 15 days
    Independent Advisor, Jakarta, Business Broker connected with 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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