Petrol Bunks Seeking Loan in Akaltara

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Petrol Bunk Seeking Loan in Akaltara, India

Petrol pump of a popular oil PSU operating with a storage capacity of 40,000 liters.
Firm is running this petrol pump as a dealership of a popular oil PSU. The agreement is valid for 30 years which can be renewed thereafter. We do not pay any royalty to the brand however we buy the petroleum at a discounted price from the company. Our facility has a storage capacity of 40,000 liters. On a daily basis we receive 50+ customers. Competition has increased due to large number of increasing petrol pumps within 5 kms range. We are also facing a shortage of cash due to low margin and high operational expenses and are looking to raise funding. Business owned assets include the facility setup and equipment.
6.0   Akaltara
Run Rate Sales
USD 530 thousand
EBITDA Margin
1 %
Business Loan
USD 20 K at 15%
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