Vehicle Rental Company Investment Opportunity in Ramanathapuram, India

Business engaged in rented self-drive cars seeks investment to expand in other cities.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Local Time
3:27 PM Coimbatore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 28 thousand for 10.0% stake (Native Currency: INR 2,000,000)
Reason: A self-drive car rental company can operate with vehicles only with black and yellow number plates. ... View More
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are based out of Coimbatore aiming at providing services enjoyed by metro cities for the city at affordable prices.

- After growth of the business in Coimbatore, we will be expanding in Bengaluru.

- We are estimating an initial revenue of minimum 2 days rental / car / month assuming the business owns 5 cars.

- The car would be given for rent, & we would collect Rs. 5000 / as deposit.

- Rental price will start from Rs. 500 / per day.

- Online payment gateway has been activated.

- As of now, we own a car and we need a minimum of 5 cars to start with the business.

Products & Services Overview

Rented cars on daily basis for self-drive.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, Financial Advisor connected with this 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
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 can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more