Transportation Company Investment Opportunity in Chennai, India

Omni bus operator providing intercity passenger transportation, covering major cities in Tamil Nadu & Kerala.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 3 million
EBITDA Margin
15 %
Industries
Locations
Local Time
4:48 AM Tamil Nadu
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 800 thousand for 30.0% stake (Native Currency: INR 60,000,000)
Reason: To meet working capital requirement for diesel and toll tax.
Includes physical assets worth USD 2 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Company has 8 luxury buses and 6 more buses are in the final stage of delivery.

- Provides intercity passenger transportation covering cities in Tamil Nadu and Kerala. Cities includes Chennai, Trivandrum, Ernakulam, Salem, Marthandam, Vellore.

- Receives booking through online platform where 80% of the seats are reserved for redBus and 20% for other apps.

- Our fleet has buses of luxury brands including Volvo and Bharat Benz.

- Have multiple pickup points at each city.

Products & Services Overview

Intercity buses transportation covering Tamil Nadu and Kerala.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
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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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