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Newly Established Vehicle Rental Company Seeking Loan in Hyderabad, India

Premium bike rental company with a customer base of 10k and 20 bikes seeks loan.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 40 %
Industries Vehicle Rental
Locations  Hyderabad
Local Time 9:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 7 years (Native Currency: INR 20,000,000)
Reason: We would require funds for expansion into other cities and buy more vehicles.
Collateral Available: USD 360 thousand
Includes physical assets worth USD 180 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Company PAN Card
Company TAN
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Customers
Business Overview

- Business specializes in renting premium and sports bikes to corporate sector customers, students, and enthusiasts.

- Additionally, retailing own brand merchandise including t-shirts, jackets, caps, coffee cups, and auto accessories.

- Serving approximately 10,000 customers across Hyderabad.

- Seven years of industry experience.

- Catering to long weekend travelers and corporate clients.

- Average rental period ranges from 21 to 22 days.

- Rental rates vary from INR 900 to 3,000 per day.

- Offer both half-day and full-day rental options.

- Possess necessary licenses including Bike hire license, GST, COI, PAN, and TAN.

- Expansion plans to cover the pan India market.

Products & Services Overview

We rent premium and sports bikes to corporate sector customers, students and passionate riders. We also sell our own brand merchandise t-shirts, jackets, caps, coffee cups and auto accessories.

Assets Overview

20 motorbikes and rented office with furniture and fixtures.

Facilities Overview

Our office space spans 900 square feet, accompanied by a 1,000 square feet garage for vehicle parking, with a monthly rental fee of INR 40,000. This property is leased for the upcoming five years. It is located in central Hyderabad.

Capitalization Overview

Sole owner.

Self funded.

No loans or debts.

Recent Activity
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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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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