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Taxi Company Investment Opportunity in Tezpur, India

Intermediary for taxi services that has been working offline is now looking to move to an online model.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 24 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 15 %
Industries Taxi
Locations  Tezpur
Local Time 1:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 12 thousand for 20.0% stake (Native Currency: INR 1,000,000)
Reason: Looking to further develop, market and launch our mobile app.
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
Documents
Business Overview

- We work as an intermediary for taxi booking services. Have been working on an offline basis but we are looking to develop a mobile app and work online.

- Act as a bridge between those looking to book cab, auto and bike services and those providing these services.

- Currently we are only working in Tezpur and have tie ups with over 100 vendors for cab, auto and bike services.

- On a monthly basis we have been receiving around 10,000 - 15,000 bookings and we charge a commission of 20 to 25% based on vehicle type.

- We have already developed our mobile app and are looking to market and launch it.

- Promoter has worked with Uber and has done work for Expedia. He has been in the industry for over 5 years.

- Company's physical assets include the office setup.

Products & Services Overview

We provide car, bike and auto booking services. Previously we were doing it offline but we are looking to start providing it online.

Facilities Overview

Rented office in Tezpur that can fit 15 to 20 employees comfortably.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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