Taxi Company for Sale in Srinagar, India
App-based cab booking and rental services platform based in Srinagar and Jammu, J & K.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | USD 690 thousand |
| EBITDA Margin | 10 % |
| Industries | Taxi + 1 more |
| Locations | Srinagar |
| Local Time | 2:11 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
137 thousand
(Native Currency: INR 12,000,000)
Reason: The owner wants to focus on his other businesses.
Includes physical assets worth
USD
3.4 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(66.1 KB)
Business Overview
- An app-based cab booking and rental services platform based in Srinagar and Jammu, J & K.
- Services include Taxi Services, Airport Transfers, Tour Packages, Corporate Transportation and Rental Services.
- We provide Android and iOS apps that can be used to book and rent cabs.
- 1.6 lakh users are registered through the app.
- Have 500 cab drivers registered with us.
- Get 800 - 1,000 daily bookings through our app.
- Average value of each booking is INR 200.
- We also generate sales through bidding, where visitors and tourists bid for cab services. About 50 visitors bid every day and the conversion rate is 20%.
- The business has 5 employees, which includes the 2 directors and other staff working in operations and technical development.
- Services include Taxi Services, Airport Transfers, Tour Packages, Corporate Transportation and Rental Services.
- We provide Android and iOS apps that can be used to book and rent cabs.
- 1.6 lakh users are registered through the app.
- Have 500 cab drivers registered with us.
- Get 800 - 1,000 daily bookings through our app.
- Average value of each booking is INR 200.
- We also generate sales through bidding, where visitors and tourists bid for cab services. About 50 visitors bid every day and the conversion rate is 20%.
- The business has 5 employees, which includes the 2 directors and other staff working in operations and technical development.
Products & Services Overview
Taxi Services: Offers taxi services for both local commuters and tourists. This includes point-to-point transportation within the city and also for sightseeing tours.Airport Transfers: Many visitors arriving at airports need reliable transportation to their destination. Offer airport pickup and drop-off services.
Tour Packages: The business could provide tour packages, including transportation and guided tours to popular tourist destinations in the region.
Corporate Transportation: Offer corporate transportation services for businesses and professionals, ensuring timely and comfortable transportation.
Rental Services: Long-term and short-term vehicle rentals could be part of their offerings.
Taxi services are the top-selling services.
Assets Overview
Physical assets include office equipment, furniture and computers.
Facilities Overview
1. Office space in Srinagar, area of 600 sqft. Rent is INR 20k per month.2. Office space in Jammu, area of 400 sqft. Rent is INR 10k per month.
Capitalization Overview
Business funding is the owners (bootstrap).No outstanding loans or debts.
There are 2 directors, with ownership of 75% and 25%.
Recent Activity
-
Earlier than 15 daysMD, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Travel Agency, Gangtok, Corporate Investor / Buyer connected with the Business
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