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Taxi Company Investment Opportunity in Saudi Arabia

Mobile app for cab hailing services to target entire Saudi Arabia and GCC region.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Taxi + 1 more
Locations Saudi Arabia
Local Time 5:05 AM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 530 thousand for 20.0% stake (Native Currency: SAR 2,000,000)
Reason: To launch the business officially in Saudi Arabia and GCC.
Includes physical assets worth USD 13 thousand
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Business Name
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Business Overview

- We have developed a mobile app for providing cab hailing services. We would be competing with 2 players in the GCC region.

- The app will list local drivers as well as our own cabs.

- Our app is fully developed and is available in both Android and iOS.

- Have done a soft launch, and we are seeking investors to officially launch our product in Saudi Arabia and GCC.

- Founder has 15 years of experience and he currently runs an IT company and a trading business.

Products & Services Overview

Mobile app for Car booking services.

Facilities Overview

Rented premise based in Saudi Arabia.

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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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