Newly Established Taxi Business Seeking Loan in Hyderabad, India
Investment opportunity: Hyderabad-based taxi business aiming to expand its fleet from 9 to 50 cars.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 23.6 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Taxi |
| Locations | Hyderabad |
| Local Time | 1:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
17.3 thousand
for
16.0%
annual interest,
1
year
(Native Currency: INR 1,500,000)
Reason: This investment will be used to rent out 50 more cars from Ola and Uber. A security deposit of INR 2...
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Collateral Available: USD 17.3 thousand
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Business Name
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Business Overview
- The business operates in the taxi industry in Hyderabad and is registered as a vendor for Ola and Uber, enabling it to provide taxi services through these platforms.
- As a registered vendor, the business receives priority bookings, which can provide a competitive advantage in the market.
- The company currently has a fleet of 9 rented cars and aims to have a fleet of 50 cars, which would entitle it to a royalty of 10% from Ola and Uber.
- The business is already making a profit, with each car generating a net profit of INR 20,000 per month after accounting for all expenses.
- Company has 18 drivers and 2 managers/supervisors, indicating a lean operational structure.
- The business is registered with an MSME certificate, which may offer certain benefits and opportunities for growth and development.
- As a registered vendor, the business receives priority bookings, which can provide a competitive advantage in the market.
- The company currently has a fleet of 9 rented cars and aims to have a fleet of 50 cars, which would entitle it to a royalty of 10% from Ola and Uber.
- The business is already making a profit, with each car generating a net profit of INR 20,000 per month after accounting for all expenses.
- Company has 18 drivers and 2 managers/supervisors, indicating a lean operational structure.
- The business is registered with an MSME certificate, which may offer certain benefits and opportunities for growth and development.
Products & Services Overview
We are registered vendors for Ola and Uber and provide taxi services through these platforms.We get priority bookings since we are registered vendors.
Assets Overview
All the cars are rented and the business does not own any tangible assets.We have security bond's from MNC company for the investment.
Facilities Overview
We operate from a home office in Hyderabad.
Capitalization Overview
The business has no loans and is a sole proprietorship.
Recent Activity
-
Earlier than 15 daysDirector, Hyderabad, Financial Consultant connected with the Business
-
Earlier than 15 daysHuman Resources Manager, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business
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·Newly Established Taxi Business Seeking Loan in Hyderabad, India
·Lend to Newly Established Limousine Business in Hyderabad, India
·Newly Established Cab Business Seeking Loan in Hyderabad, India
·Lend to Newly Established Taxi Business in Hyderabad, India
·Lend to Newly Established Cab Business in Hyderabad, India
·Newly Established Limo Service Business Seeking Loan
·Newly Established Limousine Business Seeking Loan
·Lend to Newly Established Limo Service Business
·Newly Established Taxi Business Seeking Loan
·Lend to Newly Established Limousine Business
·Newly Established Cab Business Seeking Loan
·Lend to Newly Established Taxi Business
·Lend to Newly Established Cab Business
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