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Truck Rental Company Seeking Loan in Thimphu, Bhutan

Excavator rental company with 20+ clients also having 2 successful restaurants seeks funds to diversify.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 23.4 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 40 %
Industries Truck Rental
Locations  Thimphu
Local Time 1:03 PM Asia / Thimphu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 11.0% annual interest, 4 years (Native Currency: BTN 1,000,000)
Reason: Owner wants to diversify into other businesses, ideally launch an app for hotel booking down the lan... View More
Collateral Available: USD 0
Includes physical assets worth USD 178 thousand
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Business Name
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Business Overview
- Specialize in renting out excavators, which generates a primary revenue of 12 lakhs annually.
- Additionally, we operate two successful restaurants in Bhutan, contributing around 8-9 lakhs in annual revenue.
- Our business is fully licensed, including company registration, restaurant license and alcohol license.
- Our promoter brings 4 years of experience in managing diverse business ventures.
- Each of our restaurants accommodates 40 guests and offers a menu featuring both vegetarian and non-vegetarian dishes.
- We serve traditional Bhutanese cuisine along with alcohol.
- Our excavator rental service consists of 12 excavators owned by the promoters father privately.
- We serve a diverse client base, including mining companies, government agencies, and contractors.
- We have around 20 clients in the region for this vertical.
- Our employee count is high since we have multiple business verticals.
Products & Services Overview
Excavator rental company also running 2 restaurants in primary revenue generated by renting out excavators.
We work with the govt and general contractors in the region.
Assets Overview
Assets include:
Furniture, fixtures, computers worth a total of BTN 2 lakhs, 4 floor building measuring 16 decimals worth BTN 1.5 cr.
Facilities Overview
4 floor building in central Thimphu, Bhutan.
The property belongs to the company.
Capitalization Overview
Sole owner.
No loans or debts.
Self funded business.
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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