Moving Company Seeking Loan in Mumbai, India
Moving company operational in 6 cities serving 6,000 clients every year seeks funds for expansion.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 325 thousand |
| Run Rate Sales | USD 450 thousand |
| EBITDA Margin | 15 % |
| Industries | Moving Companies |
| Locations | Mumbai |
| Local Time | 10:29 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
236 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: 1. Warehousing.
2. P2P transportation.
3. A new tech platform one of only its kind which will be a...
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Collateral Available: USD 0
Includes physical assets worth
USD
236 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Registration Certificate
(120.1 KB)
Udyam Registration
(343.4 KB)
Business Overview
We serve close to 3,000 new clients every year.
Have 10 owned trucks and work with a pan India partner network.
We cater to B2C primarily and also some banks.
We do 300-350 transportation monthly.
Operational in 6 cities: Bangalore, Mumbai, Pune, Hyderabad and Delhi NCR.
Have our own software/CRM and pricing models and the entire move management is done digitally.
We are expanding into i) Logi-Tech space 2) Warehousing and 3) P2P transportation as growth hacks.
Last year we closed with almost INR 3 crores revenue and we expect to double this year.
Business is MSME certified and has Udyam certificates.
Have 10 owned trucks and work with a pan India partner network.
We cater to B2C primarily and also some banks.
We do 300-350 transportation monthly.
Operational in 6 cities: Bangalore, Mumbai, Pune, Hyderabad and Delhi NCR.
Have our own software/CRM and pricing models and the entire move management is done digitally.
We are expanding into i) Logi-Tech space 2) Warehousing and 3) P2P transportation as growth hacks.
Last year we closed with almost INR 3 crores revenue and we expect to double this year.
Business is MSME certified and has Udyam certificates.
Products & Services Overview
Moving and packing.Transportation.
Storage.
LogiTech solutions (New service)
BPO services for logistics (New service)
Assets Overview
7 Tata 710 14-feet container fleet.3 Tata CNG 22-foot container fleet.
Tata Ultra.
Laptops/desktops.
Office furniture and fixtures.
Facilities Overview
We have an office of 2,000 sqft in Mumbai. Regional offices in Bangalore, Pune, Gurugram and Hyderabad. All are rented. We are in the process of leasing warehouses in Mumbai, Pune, Bangalore and Hyderabad.
Capitalization Overview
To date, we have invested INR 3 crores (all promoter's money) totally bootstrapped set-up.We have an INR 6 lakh working capital limit from ICICI. All expenses are met through cash flow. We are a positive cash flow entity.
Have 2 partners.
Recent Activity
-
1 week, 1 day agoDirector, Real Estate, Mumbai, Individual Investor / Buyer connected with the Business
-
1 week, 5 days agoDirector, Logistics And Tea Plantation, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Moving Company Seeking Loan in Mumbai, India
·Packer & Mover Seeking Loan in Mumbai, India
·Lend to Moving Company in Mumbai, India
·Lend to Packer & Mover in Mumbai, India
·Moving Company Seeking Loan in Bombay
·Packer & Mover Seeking Loan in Bombay
·Lend to Moving Company in Bombay
·Lend to Packer & Mover in Bombay
·Moving Company Seeking Loan
·Packer & Mover Seeking Loan
·Lend to Moving Company
·Lend to Packer & Mover
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