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Profitable LPG Gas Agency Seeking Loan in Bandung, Indonesia

Seeking Funds: Distributor of compressed natural gas (CNG) for 16 SME clients.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 260 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 40 %
Industries LPG Gas Agencies
Locations  Bandung
Local Time 7:24 AM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 600 thousand for 9.0% annual interest, 4 years (Native Currency: IDR 10,000,000,000)
Reason: There are many prospective customers we can't manage at the moment. To be able to develop a CNG bus... View More
Collateral Available: USD 80 thousand
Includes physical assets worth USD 80 thousand
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Business Overview

We are the one and only company that provide CNG single cylinder in the West Java area and now, we have 16 customers in West Java area. We have sold about 1,800 cylinders per month and have taken natural gas of about 22,000 m3/month from Pertamina Gas Negara for the last 3 years. We are supported by Pertamina and PGN for providing Compressed Natural Gas in Indonesia and also we are supported by experts on CNG Management. We still have a lot of markets to manage, but the availability of funds become an obstacle at this time. Our clients are industries such as smelting, manufacturing, and mining industries. Business has tied up with a CNG gas company to supply cylinders. Company has all the required permissions in place for the operations.

Products & Services Overview

1. CNG single cylinder for small and middle business.

2. Pressure reducing system.

3. Manifold inlet and fueling equipment.

4. Supplies equipment for high pressure.

Assets Overview

Tangible Asset:

1. The number of CNG cylinders 50 LWC is around 222 cylinders.

2. Pressure reducing system is around 18 units.

3. Inlet manifold is around 18 units.

4. 3-unit logistic vehicle and fueling.

Intangible Asset.

1. Technology for managing CNG single cylinder high pressure to low pressure.

2. The number of employees is around 13 employees.

Facilities Overview

We have a rented warehouse capacity of 2,000 CNG cylinders.

We have a rented office of 3 floors located in Soekarno Hatta Bandung.

This is a strategic place for the office.

Capitalization Overview

We never had debt from private banks, government banks and also other people till date.

The number of shareholders is 3, with the percentage:

20% as commissioner, 40% as president director and 40% as operational & engineering director.

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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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