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Taxi Company for Sale in Chennai, India

For Sale: Business providing online ground travel management services to 2 large corporate clients.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1 million
EBITDA Margin 0 - 10 %
Industries Taxi + 1 more
Locations  Chennai
Local Time 1:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: INR 55,000,000)
Reason: The owner is seeking retirement from the business to look after the family.
Includes physical assets worth USD 13 thousand
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Business Overview

- A business providing transportation services to corporate clients.

- We manage the corporate customer's pan India travel with our web and mobile based end-to-end online platform.

- Also manage the monthly employee transportation.

- Have partnered with 2 large companies and have approximately 2,000 employees using our app.

- Employees can make bookings to travel to the airport, factories, daily commute to the office, to clients locations.

- Provide intra-city and inter-city travel options.

- We have partnered with 5 pan India transportation vendors and 40-50 local transportation vendors across India to fulfill these bookings.

- The commission rates differ from vendor to vendor.

- Before lock-down we used to receive 60-70 ride bookings per day.

- Companies can also hire cars for a fixed period of time: 1,6,8 months or 1 year.

- Revenue has decreased due to covid-19.

Products & Services Overview

Web and mobile based online booking tool, web based vendor booking management tool, email/telephone support services to clients.

Assets Overview

Furniture, 6 laptops, 7 desktops and air conditioner.

Facilities Overview

1,100 Sq. Ft. rented office property in prime location.

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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