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Petrol Bunk Seeking Loan in Jamshedpur, India

70-year-old petrol bunk with a hi-tech car washing center, ATM, juice center, pollution centre, and a food joint.

Established 60-70 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 - 2 million
Run Rate Sales USD 600 thousand
EBITDA Margin 2 %
Industries Petrol Bunks
Locations  Jamshedpur
Local Time 2:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 180 thousand for 10.0% annual interest, 10 years (Native Currency: INR 15,000,000)
Reason: Promoter is seeking funds as he needs working capital. He is in the first stage of signing an agreem... View More
Collateral Available: USD 240 thousand
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
Business Overview

- It's a petrol bunk of one of the major oil marketing PSUs.

- Currently, operating with sales of 48kL / month due to COVID-19 pandemic. (about 60% drop)

- Our bunk has the capacity to serve 10 vehicles at a time and on an average, we clock sales of 120 kL / month pre- COVID.

- In addition to this, the bunk also has a car care centre where vehicles are washed, tyres and lubricants are sold.

- The facility also has an ATM, juice parlour and a food joint which have been rented out. We collect a fixed monthly rent from the three outlets which is around INR 50,000.

- Fuel dispenser at our bunk has an efficiency rate of 93%

- The petrol bunk has been upgraded as per Government of India specifications.

- The business has a debt of INR 50 lakh, which will get over in 4 years. A fixed deposit of 30 lakhs has been given as collateral.

- Physical assets include equipment and inventory.

- Promoter has a strong industry experience of 12 years.

Products & Services Overview

Petrol, diesel, lubricants, car washing, tyres, tyre alignment, pollution check, ATM services, food, and juices.

Facilities Overview

Leased facility with a built-up area of15,000 sq. ft.

Capitalization Overview
Not Disclosed
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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