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Taxi Company Investment Opportunity in Lusaka, Zambia

Zambia-based travel solutions and aggregator platform offering affordable travel solutions for individuals.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 34 thousand
Run Rate Sales USD 33 thousand
EBITDA Margin 40 %
Industries Taxi + 1 more
Locations  Lusaka
Local Time 10:02 AM Africa / Lusaka
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 256 thousand for 35.0% stake (Native Currency: ZMW 6,000,000)
Reason: Scaling up and need funding for more marketing. We exhausted our funds in the relaunch this year. T... View More
Includes physical assets worth USD 21.4 thousand
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Business Overview
- 100% in-house developed Zambian taxi aggregator app.
- We have 1,000+ registered drivers on our platform, and 30,000 downloads across iOS and Android.
- We have about 200+ active customer users.
- Currently operating only in the Lusaka Province of Zambia, we plan to expand operations across the country.
- We collect our revenue through ride commissions.
- We charge a fixed 15% commission on each ride.
- We relaunched in September this year, did a lot of marketing and got 30,000+ downloads of our app.
Products & Services Overview
We provide convenient travel solutions for those looking for trustworthy and efficient transportation.
Assets Overview
Tangible assets include some vehicles.
Intangible assets include the Android, and iOS mobile apps, and our website.
Facilities Overview
Our head office is situated in Kingsland City locality of Lusaka. The office is a personally owned property of the business owner.
Capitalization Overview
- The business is funded by our personal funds.
- There is a single owner.
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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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