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Taxi Company for Sale in Chandigarh, India

Ride-Hailing mobile app offering competitive pricing, discount and negotiations, having more potential than other competitors.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Taxi + 1 more
Locations  Chandigarh
Local Time 9:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 64 thousand (Native Currency: INR 5,000,000)
Reason: Lack of funds. Need more Investment / funds to launch.
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
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Business Overview

- We have developed a Ride-Hailing Mobile-App that will provide local pickup-drop, inter-city travel, and cab rental services.

- Our model provides competitive pricing, discount & negotiations on the fare for passengers as well as more income & incentives for drivers which insures more passengers for the ride and more income to drivers.

- Currently, the platform is ready to launch.

- We have plan to launch it as PPP model with some state Governments too.

- Revenue model: 10% commission on every ride.

- Since 2015 growth of ride-hailing industries came into the inception and have created a wider market and scope of booking rides on mobile application through smartphones. This has created a big breakthrough as it helps to enhance the customer base to a great extent increasing internet penetrations is creating opportunities to focus on ride-hailing business in tier 2 and tier 3 cities.

- Customers are Unsatisfied due to heavy surge pricing and drivers are Unsatisfied due to reduced compensation and incentives structure by Ola and Uber.

- Promoter has 15+ years of experience at top management in IT Company. Having 5 years of experience in the transportation industry.

Products & Services Overview

Mobile app providing platform for online cab booking for local pickup-drop, inter-city travel and cab hire for tour & travels.

Assets Overview

Mobile Application (for driver and user) with full source code, customization as required by buyer, full admin control panel with unlimited sub admin panels, domain name (if required), trade mark (if required).

Facilities Overview

Rented 900 sq ft office space in the heart of city Chandigarh, for a monthly rent of INR 60,000. Looking to setup another office in Punjab.

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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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