Vehicle Rental Company Investment Opportunity in Mumbai, India

Bike rental service business seeks funding for purchasing additional bikes and expanding to other states.

Established	1-5 year(s)
Employees	2 - 5
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	USD 3.6 thousand
EBITDA Margin	8 %
Industries	Vehicle Rental
Locations	Mumbai
Local Time	2:12 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.3 / 10

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Partial Stake Sale

USD 60 thousand for 20.0% stake (Native Currency: INR 5,000,000)

Reason: To buy new bikes for setting up the business in Rajasthan first & we will be expanding to other stat... View More

Includes physical assets worth USD 3 thousand

Interested to connect with advisors

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Business Name

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User Verification

Documents

Incorporation Certificate (523.9 KB)

ROC-Verification.pdf (59.6 KB)

Business Overview

- Business is currently operating in Ganpatipule, Ratnagiri region of Maharashtra & the registered office is located in Mumbai.

- Would like to expand the business by making available up 10 bikes in all major cities of Rajasthan, Kerala, Punjab and Telangana.

- At present we have 8 bikes in Ganpatipule and Ratnagiri region & on a daily basis, we serve 2 - 3 customers.

- All bookings are done through calls at present & looking to develop a mobile app for user's ease.

- As of now, we will be operating with scooters & motorbikes & will be adding e-bikes to our fleet in the future.

- Marketing head has 5 years of marketing experience.

Products & Services Overview

Scooty, motorbikes & e-bikes on a daily, weekly & monthly rental basis.

Facilities Overview

Rented office space 300 sqft area.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Developer, IT, Texas, Individual Investor / Buyer connected with the Business

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Investment Opportunity in Mumbai, India

Investment Opportunity in Bombay

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Vehicle Rental Company Investment Opportunity in Mumbai, India

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