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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 7:00 AM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
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
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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.
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
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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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