Vehicle Rental Company Seeking Loan in Hyderabad, India

- 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 bike rental services to our clients. Own a fleet of 25 bikes.

The buyer will receive ownership over all the bikes besides the interiors and furnishings of the office,

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.