Vehicle Rental Business Seeking Loan in Bangalore, India

Car rental business in Bangalore with 300 attached vehicles of which 12 are company owned.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 30 %
Industries Vehicle Rental
Locations  Bangalore
Local Time 9:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: Plan to expand the business.
Collateral Available: USD 700
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
GST registration
Tax paid
Business Overview

- We are a car rental service that is based in Bangalore. Also providing outer city packages to places like Mysore and Ooty.

- Our company has served over 10K clients since its inception.

- Have 300 attached vehicles out of which 12 are owned by the company.

- All our cars have all India permit and come with a driver.

- We offer different vehicles like sedans, tempo travellers, mini bus and luxury cars.

Products & Services Overview

We offer car rental services within Bangalore as well out of city services like Bangalore to Ooty, Bangalore to Goa, Bangalore to Coorg, Bangalore to Tirupathi.

Assets Overview

12 owned vehicles.

Facilities Overview

Rented 30 Sq. Ft. office in Bangalore.

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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