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Taxi Business Investment Opportunity in Tirupati, India

Bike & car rental company based in Tirupati providing a solution for daily commute.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Vehicle Rental + 1 more
Locations  Tirupati
Local Time 5:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 354 thousand for 35.0% stake (Native Currency: INR 30,000,000)
Reason: Seeking funds to expand our business all over India and to buy more vehicles.
Includes physical assets worth USD 47 thousand
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Business Name
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Business Overview
- Platform provides easy, effective, and affordable bicycle, bike, taxi & car rental services.
- We have served around 2,500 customers to date.
- On average, we receive 40-45 bookings per day.
- We have 70 company-owned vehicles.
- Our services are offered in major cities of Andhra Pradesh.
- We rent our vehicles on an hourly and daily basis according to customers' requirements. Users visit our website and can choose the vehicle and duration and make the booking.
- 60% of revenue is generated through bike and taxi services.
- Seeking funds to expand our business all over India.
- Promoter has 5 years of experience in this business.
Products & Services Overview
Rental of bikes, scooters, and cars; taxi services in major cities of Andhra Pradesh.
Facilities Overview
150 sq. ft. rented area with parking space.
Capitalization Overview
Not Disclosed
Recent Activity
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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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