Vehicle Rental Business Seeking Loan in Cebu City, Philippines
Car rental business in Cebu offering 24-hour self-driven cars and cars with drivers.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.7 thousand |
| Run Rate Sales | USD 10.2 thousand |
| EBITDA Margin | 25 % |
| Industries | Vehicle Rental |
| Locations | Cebu City |
| Local Time | 10:48 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
8.5 thousand
for
10.0%
annual interest,
2
years
(Native Currency: PHP 500,000)
Reason: At this stage of our business, funding will be used to improve our marketing strategies and gather m...
View More
Collateral Available: USD 17 thousand
Includes physical assets worth
USD
170 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Permit Certificate
(5.7 MB)
Certificate of Business Registration
(3.9 MB)
Official Receipt
(849.3 KB)
Business Overview
- Car rental business in Cebu City started in 2018.
- Business has HQ in Cebu City and a branch office in Sta. Fe Bantayan.
- We provide 24-hour self-driven cars, cars with drivers and fuel.
- Started the business last year with 1 car and now we have a fleet of 50 cars.
- Our cars vary from 4 seaters to 18 seaters with daily rent costs ranging from PHP 1,500-4,000.
- We receive 5-15 bookings on a daily basis.
- Our sales have increased since we recently added more cars and getting more bookings.
- The tourism business in Cebu is booming and this will help us grow our business.
- Business owns cars, furniture, website.
- Business has HQ in Cebu City and a branch office in Sta. Fe Bantayan.
- We provide 24-hour self-driven cars, cars with drivers and fuel.
- Started the business last year with 1 car and now we have a fleet of 50 cars.
- Our cars vary from 4 seaters to 18 seaters with daily rent costs ranging from PHP 1,500-4,000.
- We receive 5-15 bookings on a daily basis.
- Our sales have increased since we recently added more cars and getting more bookings.
- The tourism business in Cebu is booming and this will help us grow our business.
- Business owns cars, furniture, website.
Products & Services Overview
24 hours self-drive cars and cars with driver rental cars with fuel.
Facilities Overview
We have 2 rented offices located in Cebu City and Sta. Fe Bantayan with an average of 18 sqm each.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Retail, Chicago, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Tech, Schwetzingen, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCountry CEO, Financials, Quezon City, Individual Investor / Buyer connected with the Business
Tags:
Vehicle Rental Business Seeking Loan in Cebu City, Philippines
·Bike Rental Business Seeking Loan in Cebu City, Philippines
·Car Rental Business Seeking Loan in Cebu City, Philippines
·Lend to Vehicle Rental Business in Cebu City, Philippines
·Lend to Bike Rental Business in Cebu City, Philippines
·Lend to Car Rental Business in Cebu City, Philippines
·Vehicle Rental Business Seeking Loan
·Bike Rental Business Seeking Loan
·Car Rental Business Seeking Loan
·Lend to Vehicle Rental Business
·Lend to Bike Rental Business
·Lend to Car Rental Business
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