Taxi Business Seeking Loan in Dublin, Ireland
Taxi business with multiple revenue streams seeks investment to expand fleet and buy 4-5 taxis.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 146 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Taxi |
| Locations | Dublin |
| Local Time | 9:42 PM Europe / Dublin |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
87 thousand
for
6.0%
annual interest,
3
years
(Native Currency: EUR 75,000)
Reason: The owner would like to expand without local loans to save their credit history.
Collateral Available: USD 0
Includes physical assets worth
USD
11.6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Account Statement
(202.3 KB)
Business Overview
- Upcoming taxi business with multiple sources of revenue.
- Currently, the business has only one car that is listed on Uber, booked for custom rides and does about 6 school runs daily.
- Due to the multiple revenue streams from just one car, we are able to achieve such high revenue per employee and per car.
- We plan to expand in the coming year and will add 5 more cars. Once we have a fleet of 5-6 cars we will hire drivers, where we'll pay them per day and we'll keep rest of the earnings, and we can rent out the taxi fleet to drivers and tour operators to get fixed rental income.
- For now we've been operating on a small scale with just one car and for this we need just need basic tax filing done by the proprietory.
- Currently, the business has only one car that is listed on Uber, booked for custom rides and does about 6 school runs daily.
- Due to the multiple revenue streams from just one car, we are able to achieve such high revenue per employee and per car.
- We plan to expand in the coming year and will add 5 more cars. Once we have a fleet of 5-6 cars we will hire drivers, where we'll pay them per day and we'll keep rest of the earnings, and we can rent out the taxi fleet to drivers and tour operators to get fixed rental income.
- For now we've been operating on a small scale with just one car and for this we need just need basic tax filing done by the proprietory.
Products & Services Overview
We provide.- Taxi transportaion services.
- School runs.
- Custom hire of vehicle with driver.
Our top source of income is taxi transportation services through ride-sharing apps.
Assets Overview
Tangible assets include.- Car worth about EUR 10,000.
Intangible assets include.
- Commercial taxi license plate.
Facilities Overview
Home based business so far but to expand garage required of at least 124 sqm.The car is parked at the owner's premises.
Capitalization Overview
- Bootstrapped operations with no loans.- The business has a single owner and the business is registered in their name.
Tags:
Limo Service Business Seeking Loan in Dublin, Ireland
·Limousine Business Seeking Loan in Dublin, Ireland
·Lend to Limo Service Business in Dublin, Ireland
·Taxi Business Seeking Loan in Dublin, Ireland
·Lend to Limousine Business in Dublin, Ireland
·Cab Business Seeking Loan in Dublin, Ireland
·Lend to Taxi Business in Dublin, Ireland
·Lend to Cab Business in Dublin, Ireland
·Limo Service Business Seeking Loan
·Limousine Business Seeking Loan
·Lend to Limo Service Business
·Taxi Business Seeking Loan
·Lend to Limousine Business
·Cab Business Seeking Loan
·Lend to Taxi Business
·Lend to Cab 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
9 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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