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Ground Logistics Business Seeking Loan in Darjeeling, India

Non-operational supply chain logistics business in Darjeeling with 50+ clients seeking loan to restart operations.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ground Logistics
Locations  Darjeeling
Local Time 10:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: Seeking business loan to restart the business operations that has been shut down due to lack of suff... View More
Collateral Available: USD 500 thousand
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
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Business Overview

- A non-operational supply chain logistics business, based in Darjeeling.

- The business was operational till last year, but we had to shut down this year due to lack of sufficient funds. We will be restarting once we receive funding.

- Our services include transport and supply of groceries to various commercial sectors such as hostels, restaurants and PGs.

- We source the grocery items from 6 to 7 distributors in Siliguri.

- Have 50+ commercial clients, most of them are based in Darjeeling.

- Our charges are per service based. We provide 3 to 4 services monthly.

- We generate revenue by charging the clients 7 to 8% of the total bill.

- The business has Udyam Registration and trade license from the local authority.

Products & Services Overview

Transport and supply of groceries to hostels, restaurants and PGs.

Assets Overview

Physical assets include computers and other office equipment worth INR 2 lakhs and 1 service van worth INR 11 lakhs.

Facilities Overview

Office facility has been closed as the business has closed the operations. Currently working from home premises.

Capitalization Overview

The business is self-funded.

Have an outstanding bank loan of INR 10 lakhs.

There is one director, holding 100% ownership.

Recent Activity
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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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