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Taxi Company for Sale in Dubai, United Arab Emirates

For Sale: Taxi company offering transportation services with Uber & Careem contracts.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 20 %
Industries Taxi
Locations  Dubai
Local Time 12:30 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.1 million (Native Currency: AED 4,000,000)
Reason: The owner has relocated to India.
Includes physical assets worth USD 600 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We are a transportation company offering transportation services to corporate clients and tourists.

- The company has a fleet of 20 owned vehicles.

- The firm operates these with Uber and Careem in Dubai.

- The owner has relocated to India and would be available on local Indian phone number.

- All drivers have valid visa & RTA permits.

- Valid contracts with Uber and Careem which are expiring in three months. These contracts can be renewed with one time fees.

- Also, cater to tourists, for airport pick up and drop and for various sightseeing purposes.

- The cars include business Sedans and SUVs.

- 4 Lexus 300H Hybrid 2019,6 Lexus ES350 2018,8 Lexus ES350 2015.2 Honda Odyssey SUV (7-Seater) 2018.

- Our company's revenue dropped this year to the affect of the pandemic on the market.

- The business is extreme valuable as the prospective buyer will receive an already established infrastructure along with industry generated goodwill and clientele.

- The business runs operations in Dubai. However, the owner has currently relocated to India.

Products & Services Overview

We offer taxi cab services through Uber and Careem, and are actively engaged in a hospitality contract.

Assets Overview

A total of 11 luxury cars (plus 9 number plates in reserve) in the fleet including business Sedans and SUV, 4 Lexus 300H Hybrid 2019,6 Lexus ES350 2018,8 Lexus ES350 2015,2 Honda Odyssey SUV (7-Seater) 2018, contracts, and licenses,

Facilities Overview

Operational office with a fully furnished space of 250 sqft and a monthly rent of AED 3,000.

Recent Activity
  • Earlier than 15 days
    Business Development Manager, Dubai, Financial Advisor connected with the Business
  • Earlier than 15 days
    Director, Dubai, Business Broker connected with the Business
  • Earlier than 15 days
    Owner, Education, Chennai, Corporate Investor / Buyer 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.
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11 Buyers already contacted this Business.
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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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