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Vehicle Rental Company Seeking Loan in Dhaka, Bangladesh

Car rental agency in Dhaka renting out premium cars to over 50 clients.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 17 %
Industries Vehicle Rental
Locations  Dhaka
Local Time 7:43 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 350 thousand for 10.0% annual interest, 5 years (Native Currency: BDT 30,000,000)
Reason: To purchase new vehicles.
Collateral Available: USD 600 thousand
Includes physical assets worth USD 800 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Trade Licence
Business Overview

- A luxury car rental business based in Dhaka, Bangladesh.

- The cars we rent out include Mercedes, BMW, Audi among other high-end cars.

- We have a fleet of over 100 cars, out of which 29 are owned by the business. We are looking to purchase another 15 cars.

- The remaining cars are leased from car dealerships and distributors.

- We cater to the B2B market and have 50 clients.

- The cars are rented out on a daily, monthly and yearly contract.

- Physical assets include interior setup of office and 29 cars.

Products & Services Overview

Renting out high-end cars to B2B clients. Cars include - BMW, Mercedes, Audi among other top cars brands.

Facilities Overview

Have a rented office space in Dhaka.

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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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