↩ Go Back
Need help?

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 30 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 30 %
Industries Vehicle Rental
Locations  Bangalore
Local Time 3:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: Plan to expand the business.
Collateral Available: USD 600
Includes physical assets worth USD 120 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.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

2 Investors viewed this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more