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Taxi Company for Sale in Tamil Nadu, India

For sale: Cab aggregator business having a fleet of 220 cabs for outstation / long distance trips.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin Operating at loss
Industries Taxi
Locations  Tamil Nadu
Local Time 3:39 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 360 thousand (Native Currency: INR 30,000,000)
Reason: Lack of capital to expand.
Includes physical assets worth USD 6 thousand
Business Overview

- A cab aggregator business based in Chennai, that started operations in 2014.

- Have tie ups with 220 cab drivers / cabs that include - Hatchback, Sedan & MUV vehicles.

- Locations operated include Chennai, Pondicherry, Bangalore and major Tier II cities in Tamil Nadu.

- Operates only long distance trips, i. e. 100 Km and above.

- Bookings can be done via Mobile App (Android), Telephone (Call Center) and Website.

- Call center service is outsourced.

- Door-step Pick-up and Drop – reduces total travel time up to 40% as compared to train or bus travel.

- Business does not own any major assets except for servers and computers.

- Sale will include entire business including mobile app and website.

Products & Services Overview

Cab aggregator business having air-conditioned Hatchback, Sedan & MUV vehicles.

Facilities Overview

Leased office space to handle customer and driver support services.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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