Taxi Company Investment Opportunity in Qatar
100% in-house developed mobile application for booking taxis seeks an investor to boost driver acquisition.
| 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 | 12:37 PM Asia / Qatar |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
2.75 million
for
50.0%
stake
(Native Currency: QAR 10,000,000)
Reason: We require funds for marketing, advertising, and driver acquisition.
Includes physical assets worth
USD
110 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Mobile application for booking taxis and delivery of goods.
- 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.
- 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.
Products & Services Overview
Mobile application for booking taxis; B2B and B2C delivery of goods. The application is available on App Store and Play Store.
Assets Overview
Physical assets owned by the business include 10 cars, office furniture, and fixtures.
Facilities Overview
We have an office located in Doha, Qatar.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, IT And Transportation, Doha, Individual Investor / Buyer connected with the Business
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