Need help?

Taxi Business for Sale in Bangalore, India

For Sale: Company providing corporate transport services catering to 50+ clients.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 21 million
Run Rate Sales USD 25 million
EBITDA Margin 20 - 30 %
Industries Taxi
Locations  Bangalore
Local Time 4:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 60 million (Native Currency: INR 5,000,000,000)
Reason: The directors are looking to diversify into other businesses (real estate business).
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- More than 50+ clients across pan India including IT/ITeS/BPO, pharma, automobile, retail, GCC, etc.

- We have been awarded for best services by many IT companies and govt sectors including BEL for Aero India, BESCOM, KPTCL, and BBMP for providing makeshift ambulances during Covid, etc.

- All the transport vehicles are on lease. We pay around INR 13 crores monthly to the company from whom we have leased.

- We have taken measures for monitoring and tracking the vehicles. Have an application through which all the parameters are monitored.

- All the drivers are licensed, trained, and experienced.

- Currently, over 7,000 vehicles are on the road in service. Daily over 10,000 trips take place.

- We have 35 permanent employees and 150 contract-based employees.

Products & Services Overview

- Employee transport service (technology enabled)

- Airport transfer & ex-pat cab service for only our client.

- Electric vehicle renting.

- Events vehicle arrangements for seminars, offsites, etc.

Assets Overview

Will be shared during the advanced discussion.

Facilities Overview

- One of the offices has 3 floors. It is located in the center of the city on a 6,000 sqft area. We pay a monthly rent of INR 1 lakh.

- There are more than 10 offices across pan India. Bangalore being headquarters, we are operating from 3 offices in Bangalore.

Capitalization Overview

- We are proud to say that we are a 'zero debt' company.

- It is a partnership firm with 5 partners at 51:10:20:5:14 shareholding.

Recent Activity
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founding Partner, Singapore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner And Head M&A, Hyderabad, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

5 Buyers already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more