Vehicle Rental Business for Sale in Ahmedabad, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | General Partnership |
Reported Sales | USD 23.4 thousand |
Run Rate Sales | USD 28 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Vehicle Rental + 1 more |
Locations | Ahmedabad |
Local Time | 7:41 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- The business owns 4 cars (2 SUVs and 2 sedans) and has tied up with a third party company that provides us with access to another 36 cars for a total fleet size of 40 cars. We redirect our excess demand over to this company and they provide us with a 10% - 20% commission on the price of the duty as compensation.
- We offer our services to corporate and private clients. Prior to the pandemic, over 95% of our revenue came from corporate clients while the remaining 5% came from private clients. To that extent, we are tied up with 7 corporate clients from companies such as MakeMyTrip, Goibibo and Axis Bank. Currently, we are able to sustain ourselves by providing our cab services to essential service providers and have served over 30 - 35 clients in that regard.
- Our pricing plan is INR 8/km for hatchback cars, INR 10/km for sedans and INR 12/km for SUVs. We offer 24/7 customer support.
- We have hired 4 drivers. Prior to the pandemic, they were paid a salary of INR 15,000 per month along with an extra commission based on the duty. However, now they are being paid as and when their services are required.
- We actively promote our business on social media platforms such as Facebook.
The office is not included in the transaction.
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Earlier than 15 daysQuality Engineer, Automotive, Ahmedabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Facility Management, Dehradun, Corporate Investor / Buyer connected with the Business