Need help?

Taxi Business Seeking Loan in Nagpur, India

Premium Nagpur taxi service offering luxury airport transfers and corporate rides, seeks funding for expansion.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 27 thousand
Run Rate Sales USD 27 thousand
EBITDA Margin 10 - 20 %
Industries Taxi
Locations  Nagpur
Local Time 10:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 470 thousand for 8.5% annual interest, 7 years (Native Currency: INR 42,000,000)
Reason: Seeking funding to expand the car fleet and strengthen sales and marketing channels. The high valuat... View More
Collateral Available: USD 0
Includes physical assets worth USD 22.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Certificate
Business Overview
- Located in Nagpur, the business offers premium transportation services that prioritize luxury and professionalism.
- Services include airport transfers and local rides within Nagpur, catering to both corporate clients and select individual customers.
- Average daily ride distance: 300–400 km.
- The target customer base primarily consists of corporates, who value comfort and reliability in their travel experiences.
- Sales and bookings are facilitated through user-friendly platforms such as WhatsApp, Facebook, and Instagram, along with local advertising efforts.
- On average, the business serves about 5-10 customers per day, establishing a steady flow of clientele.
- Annual revenue is INR 7–8 lakh, with profits of INR 1–2 lakh, reflecting a sustainable business model focused on high-ticket services.
- The emphasis on providing a luxurious experience with professional drivers sets the business apart in a competitive market.
- The business does not have or require any industry-specific licenses or certifications.
Products & Services Overview
Premium taxi services, one-way, round trips and packages including airport transfers and high-end local rides, catering primarily to corporate clients and select individual customers.
Assets Overview
Physical assets include a fleet of 2 owned cars.
Facilities Overview
No dedicated office facility; operating from a home office in Nagpur.
Capitalization Overview
Self-funded.
No outstanding loans.
Sole proprietorship.
No shareholder.
Recent Activity
  • 1 day, 4 hours ago
    Business Head, Bengaluru, Financial Consultant connected with the 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
1 Investor contacted this Business this week. 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more