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Trucking Business Investment Opportunity in Vadodara, India

Truck transport services aggregator with over 5,000 truckers on its platform is seeking an investor.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 354 thousand
EBITDA Margin 0 - 10 %
Industries Trucking
Locations  Vadodara
Local Time 9:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 35.4 thousand for 5.0% stake (Native Currency: INR 3,000,000)
Reason: We aim to channel this momentum towards strategic initiatives that will solidify our position. Expa... View More
Includes physical assets worth USD 47 thousand
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Business Overview
- We provide pan India on-demand truck transport services for industrial & household goods.
- We serve as an aggregator for truck drivers and customers who wish to avail their services.
- We consider trucks and truck drivers as our vendors and anyone who seeks their services is termed as a customer.
- Our customers include both B2B and B2C clients.
- More than 2 lakh orders have been placed by our customer through our website and mobile application.
- We have signed up 5,000 vendors through our dedicated Android app for vendors.
- All the software development has been done by a 3rd party.
- We use digital marketing strategies like google ads and SEO optimization to acquire customers and vendors.
- Our prices are decided according to the distance, the weight of freight, number of stops, and price of diesel. Hence, prices are variable but not altered arbitrarily by us.
- We suffered a drop in sales as there were prolonged restrictions on inter-state movement during the lockdown.
- There has been a significant drop in run rate sales compared to last year because we have lost few of our clients to our competitors in the market, who have taken over because of good marketing and promotions.
- The business has GST, MSME and start-up India registration.
- The promoter is a second generation entrepreneur and has 10 years of experience in the field of ground logistics.
Products & Services Overview
Aggregator services for truck drivers and customers delivered through web, iOS, and Android applications.
Assets Overview
Ten computers, office furniture, and office space.
Facilities Overview
Owned office of 500 sq. ft. in Vadodara.
Capitalization Overview
- The business is owned by two partners with equal 50 - 50 % shareholding.
- The business is debt-free. No loans.
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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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