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Taxi Business for Sale in Al-Ardiya, Kuwait

For Sale: Leading chauffeur driven luxury transport service with 250+ daily rides.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 2 - 3 million
Run Rate Sales USD 2.8 million
EBITDA Margin 28 %
Industries Taxi + 1 more
Locations  Al-Ardiya
Local Time 2:11 AM Asia / Kuwait
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 6.6 million (Native Currency: KWD 2,000,000)
Reason: Partners are expanding other business segments.
Includes physical assets worth USD 2 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business is a luxury transport service company.

- We provide a scheduled commuting service for grand pick-ups and family and business trips.

- Clients are charged on a time basis in excess of the base fare depending on the car selected.

- The user can select the mode of the ride, time, and destination pan Kuwait from our Android and iOS mobile app. Pick and drop services are provided accordingly.

- Around 250-300 rides are booked per day with an average price of KWD 7-9.

- Till date, we have served 78,000+ clients.

- We have 120 highly skilled and trained chauffeurs and 60 luxury cars.

- All systems and procedures are made to run the company with minimal supervision.

Products & Services Overview

Point to point transportation with highly skilled chauffeurs and luxury cars.

Assets Overview

- Physical asset includes 60 luxury and semi- luxury cars.

- We own the mobile Applications (Android and iOS), booking systems and call center systems.

Facilities Overview

We have a rented office in Kuwait.

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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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