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Vehicle Rental Company Seeking Loan in Seeb, Oman

Car rental services provider based in Oman, having served more than 250 clients.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 42 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 10 %
Industries Vehicle Rental
Locations  Seeb
Local Time 9:07 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 26 thousand for 10.0% annual interest, 5 years (Native Currency: OMR 10,000)
Reason: We are unable to meet demand due to lack of availability of cars. We want to purchase more cars and ... View More
Collateral Available: USD 13 thousand
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a car rental service that is based in Oman.
- Our company has served over 250 customers since its inception.
- On weekly basis, we serve around 3-5 customers.
- We have 9 vehicles out of which one vehicle is owned by the company.
- We rent our vehicles on an hourly and daily basis according to customer's requirement. Users can choose the vehicle and duration and make the booking through Facebook, WhatsApp or phone call.
- Owner has more than 2 years of industry experience.
Products & Services Overview
Car rental services - Hourly, daily or weekly rental based on customer's requirement.
Facilities Overview
Rented space in Seeb, Muscat Governorate, Oman.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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