Vehicle Rental Company Seeking Loan in Hyderabad, India
Loan: Two-wheeler rental business for sale with cloud-ready app, MIS and SEO optimized website.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 13.7 thousand |
| EBITDA Margin | 30 % |
| Industries | Vehicle Rental + 1 more |
| Locations | Hyderabad |
| Local Time | 3:13 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23 thousand
for
15.0%
annual interest,
10
years
(Native Currency: INR 2,000,000)
Reason: Existing investors plan to exit so we require funds to continue growing the company.
Collateral Available: USD 11.4 thousand
Includes physical assets worth
USD
34 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Labor Certificate
(560.9 KB)
Renting License
(310.8 KB)
Company PAN Card
(84.2 KB)
ROC-Verification.pdf
(61.1 KB)
Business Overview
- We are a two wheeler rental company with a permit to operate in Telangana.
- Offer multiple packages to our clients ranging from 1 hour to two days. Our packages start at INR 200.
- We have a customer base with over 10,000+ customers and have conducted over 10,000+ rides till date.
- Prices charged depend on the vehicle that has been hired. We own a fleet of 25 motor bikes with scooters like TVS Jupiter and Activa Dio and bikes like Hornet, Avenger 220 and Pulsar.
- Previously, we were tied up with another local partner to expand the size of the fleet but we terminated the agreement since the partner did not posses the correct licenses.
- We have hired one delivery boy to deliver the bikes from the warehouse to the client's choice of pick-up point.
- The run rate sales have slightly dropped due to the ongoing pandemic.
- We have a registered trademark and logo and have launched our cloud based application on the Google Play Store. The application has been installed over 50,000+ times. We have a separate application for the delivery boys.
- Business has an active Facebook page and we have undertaken paid advertising through Google Ads.
- Offer multiple packages to our clients ranging from 1 hour to two days. Our packages start at INR 200.
- We have a customer base with over 10,000+ customers and have conducted over 10,000+ rides till date.
- Prices charged depend on the vehicle that has been hired. We own a fleet of 25 motor bikes with scooters like TVS Jupiter and Activa Dio and bikes like Hornet, Avenger 220 and Pulsar.
- Previously, we were tied up with another local partner to expand the size of the fleet but we terminated the agreement since the partner did not posses the correct licenses.
- We have hired one delivery boy to deliver the bikes from the warehouse to the client's choice of pick-up point.
- The run rate sales have slightly dropped due to the ongoing pandemic.
- We have a registered trademark and logo and have launched our cloud based application on the Google Play Store. The application has been installed over 50,000+ times. We have a separate application for the delivery boys.
- Business has an active Facebook page and we have undertaken paid advertising through Google Ads.
Products & Services Overview
Offer bike rental services to our clients. Own a fleet of 25 bikes.
Assets Overview
The buyer will receive ownership over all the bikes besides the interiors and furnishings of the office,
Facilities Overview
800 square feet office space in Hyderabad that has been taken on rent which also serves as a warehouse for the bikes. Owner has an agreement with the landlord to use the parking area for vehicle storage. We pay a rent of INR 15,000/monthly on the property.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Automobile Services, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSecretary, Education, Hyderabad, Individual Investor / Buyer connected with the Business
Tags:
Vehicle Rental Company Seeking Loan in Hyderabad, India
·Bike Rental Company Seeking Loan in Hyderabad, India
·Car Rental Company Seeking Loan in Hyderabad, India
·Lend to Vehicle Rental Company in Hyderabad, India
·Lend to Bike Rental Company in Hyderabad, India
·Lend to Car Rental Company in Hyderabad, India
·Mobile App Seeking Loan in Hyderabad, India
·Phone App Seeking Loan in Hyderabad, India
·Lend to Mobile App in Hyderabad, India
·Lend to Phone App in Hyderabad, India
·Vehicle Rental Company Seeking Loan
·Bike Rental Company Seeking Loan
·Car Rental Company Seeking Loan
·Lend to Vehicle Rental Company
·Lend to Bike Rental Company
·Lend to Car Rental Company
·Mobile App Seeking Loan
·Phone App Seeking Loan
·Lend to Mobile App
·Lend to Phone App
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