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Taxi Business Investment Opportunity in Langkawi, Malaysia

Malaysia-based established premium limousine service driving revenue with a fleet of over 30 luxury cars.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 710 thousand
Run Rate Sales USD 710 thousand
EBITDA Margin 15 %
Industries Taxi
Locations  Langkawi
Local Time 9:53 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 430 thousand for 50.0% stake (Native Currency: MYR 1,800,000)
Reason: The promoter is selling the stake in the company to focus on other business ventures.
Includes physical assets worth USD 710 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Travel License
Business Overview
- Established transport service in Langkawi, exclusively partnering with 2 upscale 5-star hotels, ensuring a premium clientele.
- The limousine service is the company’s flagship product, significantly contributing to the majority of its revenue.
- Diverse portfolio includes car rentals and customized tour packages, catering specifically to hotel guests.
- Fleet of over 30 well-maintained vehicles, enhancing service reliability and customer satisfaction.
- Strong online presence for advertising car rentals and tour packages, driving customer acquisition and brand visibility.
- Prepared for large-scale events, such as LIMA, showcasing the business's capacity to handle high-demand situations.
- Established brand presence in Langkawi’s travel and tourism sector for 7 years, providing credibility and market recognition.
- Fully compliant with regulations, holding a registered travel license, ensuring legitimacy and trustworthiness in operations.
Products & Services Overview
The business's top-selling service is the limousine service it offers to the 5-star hotels in Langkawi.
Also provides car rentals and tour packages to the hotel guests. The majority of the revenue is generated from the limousine service.
Assets Overview
- Tangible assets: more than 30 luxury cars owned by the company worth MYR 3 million.
- Intangible assets: operational limo business, car services, customer database, and exclusive contact with 5-star hotels.
Facilities Overview
Our office is rented and is a 2-storey house with ample parking space and can park 20 cars.
Capitalization Overview
We are self-sustaining, though we are currently managing COVID-related debts, including car loans. However, we are beginning to get back on track. The bank loan is MYR 100k.
Currently, we only have 2 shareholders and this has never changed since the company started.
Recent Activity
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Contact Business
3 Investors 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.
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