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Taxi Business Seeking Loan in Karur, India

Established taxi service provider with a fleet of 250+ vehicles seek funds for expansion.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 %
Industries Taxi
Locations  Karur
Local Time 6:23 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 10 years (Native Currency: INR 1,000,000)
Reason: We are seeking external funding to expand into other regions of Tamil Nadu. A significant portion of... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- Trusted taxi service provider offering a wide range of vehicles to cater to various transportation needs.
- Our fleet includes all types of cabs, from comfortable sedans to spacious SUVs, ensuring we have the right vehicle for every customer.
- With a customer base of around 800 clients per month, we primarily serve individual customers, focusing exclusively on personal travel rather than corporate clients.
- With over 8 years of promoter experience in the industry, we have built a solid reputation as a reliable taxi service promoter, delivering excellent customer service.
- We are fully licensed and operate under GST regulations, ensuring compliance with all legal requirements.
- In Karur, we currently manage a fleet of 30 vehicles, while across Tamil Nadu, we run a total of 250 vehicles, all of which are rented to meet the growing demand for reliable transportation.
- Our fleet is designed to offer flexibility, whether for short trips within the city or longer journeys across the region, ensuring that every ride is smooth, safe, and convenient.
Products & Services Overview
Karur based taxi service provider.
Catering primarily to individuals in TN.
Assets Overview
No significant assets that is company owned. We rent our vehicles.
Facilities Overview
Office in a rented area of 150 sq ft in Karur.
Rent is INR 4k/month.
Capitalization Overview
Shareholders are 2.
Self funded business.
No loans or debts.
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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