Taxi Company for Sale in Sri Lanka

Car rental and taxi Company in Sri Lanka is looking to sell the business.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1 million
EBITDA Margin
30 - 40 %
Industries
Vehicle Rental + 1 more
Locations
Local Time
10:31 PM Gampaha
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 8 million (Native Currency: USD 8,000,000)
Reason: The owner is migrating out of the country.
Includes physical assets worth USD 5.1 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our company has two businesses in Sri Lanka - Car rental and taxi service. We have been in operation for the past 14 years.

- We have tie ups with 20 agents worldwide, who promote and list our business on their portals.

- The physical assets of the company includes vehicles, building and furniture, fixtures. This is part of the deal.

- Car rental:

- The company owns 70 vehicles, which we give out for rent to individuals and corporates. Out of this only 30 vehicles are included in the sale of the company.

- The cars are mostly Sedans and 4 wheelers. We operate throughout the country.

- We have a website wherein users can upload their details and rent a car. The car can either be picked up from the office, or it will be brought to user's place if its in the close proximity.

- 80% of our customers are acquired through online sources. Either through the website or through travel websites such as makemytrip. com.

- Tourists landing in Sri Lanka can make the booking well in advance and have their car at the airport on their arrival.

- Taxi Business:

- We also have a taxi business in Sri Lanka. The company owns 10 taxis.

- Our company has a tie up with an MNC for this business.

- The taxi service only provides transfer from airport to the hotel, and from the hotel back to the airport.

Products & Services Overview

Car rental, taxi service.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Director, Cape Town, Financial Advisor accepted business proposal
  • Earlier than 15 days
    Founder & CEO, Chennai, Financial Advisor connected with this business
  • Earlier than 15 days
    M&A Business Analyst & Consultant, Effingham, Financial Advisor connected with 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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