Trucking Business Investment Opportunity in Vadodara, India
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 |
- 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.
- The business is debt-free. No loans.
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Earlier than 15 daysManaging Director, Food Processing, Kapurthala, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Logistics Solutions, Vadodara, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Water Heater Manufacturer, Ahmedabad, Individual Investor / Buyer connected with the Business