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Trucking Business Seeking Loan in Mangalore, India

Transportation business supplying Imported Coal, Petroleum Coke & Granule's to Karnataka, Andhra Pradesh and Karnataka.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 500 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 20 %
Industries Trucking
Locations  Mangalore
Local Time 6:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.8 million for 9.0% annual interest, 4 years (Native Currency: INR 150,000,000)
Reason: Buying 12 Tyres Commercial vehicles - 50 Nos.
Collateral Available: USD 0
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Documents
Business Overview

- Supplier and transportation business of Imported Coal, Petroleum, Coke and granule's located in Mangalore and have been in business since 1997.

- The products are imported from South African and Indonesia and supplied to companies located in Mumbai, Andhra Pradesh and Karnataka.

- Our clients include Sponge Iron companies, cement companies and plastic production companies. Jindal Steel is one of our clients.

- We transport the products from Mangalore port and refineries to Mumbai, Andhra Pradesh and Karnataka.

- We have over 150 clients located in these regions.

- 10 trucks and vehicles are owned by the business. The other trucks and transport vehicles are on hire purchase.

- Proprietor has 32 years of experience in this field.

- Our revenues have increased as we have received more clients. The investment we require is to attain more trucks to fulfill the delivery orders.

Products & Services Overview

Transportation from Mangalore port & Mangalore refineries of petroleum, coal, coke and granule products (ONGC Subsidiary) to Mumbai, Andhra Pradesh and Karnataka.

Facilities Overview

We have our office and a yard that has an area of 1 acre in Mangalore. This space is rented.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Sharjah, Financial Consultant connected with the Business
  • Earlier than 15 days
    Marketing Manager, Colombo, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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