Corporate Cab Service Company for Sale in Bangalore, India
Next-generation B2B TravelTech company with premium car rental service & single-point-of-action platform for transport management.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.9 thousand |
| Run Rate Sales | USD 9.3 thousand |
| EBITDA Margin | 34 % |
| Industries | Vehicle Rental + 1 more |
| Locations | Bengaluru + 1 more |
| Local Time | 10:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
28 thousand
(Native Currency: INR 2,500,000)
Reason: Moving abroad.
Includes physical assets worth
USD
28 thousand
Interested to connect with advisors
Documents
Certificate of Incorporation
(513.2 KB)
Domain-Verification.pdf
(213.0 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- Currently, have 800 cars in Bangalore & 3,200 cars across India in 31 cities.
- Business will tie up with corporates, hotels, airlines, builders, HNI's, NRI's etc. Tied up with 21+ corporates so far & many recurring HNI customers.
- Each founder has 15 years of corporate experience and has worked with Shell, Genpact, and other MNCs.
- 2 Mentors are from car rental industry with over 25 years of experience individually in large fleet management & sales etc.
- 100% of the current business runs on advance payment with no credit period being offered whereas vendors are paid 7 to 30 days later.
- Business will tie up with corporates, hotels, airlines, builders, HNI's, NRI's etc. Tied up with 21+ corporates so far & many recurring HNI customers.
- Each founder has 15 years of corporate experience and has worked with Shell, Genpact, and other MNCs.
- 2 Mentors are from car rental industry with over 25 years of experience individually in large fleet management & sales etc.
- 100% of the current business runs on advance payment with no credit period being offered whereas vendors are paid 7 to 30 days later.
Products & Services Overview
Rental cars we provide are:- Sedan: Swift Dzire & Etios.
- SUV: Lodgy & Innova / Crysta.
- Premium: Corolla, Camry, Sunny, City Honda.
- Luxury cars: BMW 5 Series, 7 Series, Merc E / S Class, Jaguar XF Series.
- Buses (25 / 35 / 45 / 55 seater) & Tempo Travellers (12+1, 8+1 & 6+1 seater)
Facilities Overview
Office in very close to IT park in EC, Sarjapur Road, Bellandur ORR etc. Tieup with 5 garages across Bangalore & 93 garages across India.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Ridesharing Services, Dublin, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysVice President, IT, Gurgaon, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, IT, Bengaluru, Individual Investor / Buyer connected with the Business
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