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Vehicle Rental Company Seeking Loan in Jushpur, India

Vehicle Rental services company working with government, corporate and individual clients.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 20 %
Industries Vehicle Rental
Locations  Jushpur
Local Time 4:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: We are looking to invest in marketing our services to reach out to more customers.
Collateral Available: USD 5 thousand
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We offer vehicles for rent to government, corporate and individual customers. Started our service in 2013 under sole proprietorship and incorporated as a private limited company in 2019.

- Have worked with more than 15 government and private offices in Chhattisgarh. Currently, we have one government client and serving individual customers based in Jashpur.

- Receive more than 200 monthly inquiries, through social media channels and direct marketing. We own a fleet of 11 vehicles and have a network of 30 drivers working on contract.

- Promoters have more than 7 years experience in travel sector.

Products & Services Overview

City pick & Drop, Outstation service, and Monthly rental service.

Facilities Overview

Own office with built up area of 750 Sq. Ft. and leased vehicle parking yard of 3,000 Sq. Ft.

Capitalization Overview
Not Disclosed
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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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