Taxi Company Equity Stake For Sale in Bengaluru, India
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 104 thousand |
| Run Rate Sales | USD 500 thousand |
| EBITDA Margin | 10 % |
| Industries | Taxi |
| Locations | Bengaluru |
| Local Time | 6:04 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
- Currently, the company owns a fleet of 10 company-owned cabs, valued at approximately ₹50 lakhs, enhancing its transportation capabilities.
- The top-selling service is employee transportation cabs, providing a crucial service for businesses needing to ensure their employees can commute efficiently to work.
- The business began operations last year and has shown a steady increase in sales, indicating growing demand for its services.
- Presently, the company holds contracts with two corporations, though these contracts are set to expire in two months, creating a need for strategic business development.
- A significant opportunity lies ahead with an upcoming contract that requires an additional 50 seven-seater electric vehicles, highlighting the company’s shift towards sustainable transportation solutions.
- Each vehicle in the fleet is expected to make 5-6 trips daily, allowing for efficient utilization of resources and maximizing revenue potential.
- The investment sought will facilitate fleet expansion, helping to scale operations to meet growing market demands while improving employee transportation solutions in Bengaluru.
Intangible assets include the Pvt Ltd entity, existing and upcoming contracts.
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Founder, Software, Technology & AI, Bengaluru, Corporate Investor / Buyer connected with the Business
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Director, Construction And Material Supplier, Pune, Individual Investor / Buyer connected with the Business