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Newly Established Charter Bus Company Investment Opportunity in Chennai, India

First time in Chennai an innovative concept to provide luxury transportation to working middle class population.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 1.7 million
EBITDA Margin 30 - 40 %
Industries Charter Bus
Locations  Chennai
Local Time 5:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 800 thousand for 20.0% stake (Native Currency: INR 70,000,000)
Reason: To start the Shuttle services division.
Business Overview

- We are planning to launch Shuttle services exclusively for working middle class population.

- We will tie up with Companies / SMEs and provide Shuttle services to their employees.

- There is a huge demand for such quality and comfortable Shuttle services from employees who do not get transport facilities from their employers.

- The valuation has been arrived based on the projected revenue. We have a detailed business plan which will be exchanged with an investor after the initial connect.

- Investors acquiring 20% stake in the company will also be entitled 80% dividend for the first 3 years.

- The sales number has been updated taking into account the investment that we are seeking.

- We are a start up and already have a registered Company which will start offering Cab services. Shuttle services is another service which the company will offer for which we are seeking investment.

- Our cab services will be launched in July 2017. We have already signed up close to 1,350 cabs without much serious marketing. Revenue will start from August 2017. We plan to have 5K cabs in 4-5 months and almost 10K cabs in 12 months.

- Our company has been widely covered in the media including The Economic Times.

Products & Services Overview

AC bus services to employees.

Cab services.

Facilities Overview

Office in Chennai.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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