Taxi Company Investment Opportunity in Qatar
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | USD 116 thousand |
EBITDA Margin | Nil |
Industries | Taxi + 1 more |
Locations | Qatar |
Local Time | 7:00 AM Asia / Qatar |
Listed By | Business Owner / Director |
Status | Active |
- The application has been developed in-house and was launched 4 months ago.
- We have 1,400 freelance drivers and 20 dedicated drivers who are paid a salary.
- We charge a 20% commission from freelance drivers.
- The business plans to eventually phase out the freelance model and build its own fleet.
- Have over 40,000 customers (40,000+ downloads via App Store and Play Store) in Qatar.
- Application has not yet become profitable.
- The business (app) operates under the parent company.
- This application will be registered as a separate legal entity, where the investor will receive a 50% stake and the other 50% will be held by the parent company.
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Earlier than 15 daysCEO, IT And Transportation, Doha, Individual Investor / Buyer connected with the Business