Taxi Business for Sale in Bengaluru, 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 20.5 million |
| Run Rate Sales | USD 23.6 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Taxi |
| Locations | Bengaluru |
| Local Time | 4:38 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
58 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
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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.
- 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
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysManaging Director, Investment, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFinance Head, Energy And Real Estate, Ahmedabad, Corporate Investor / Buyer connected with the Business
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