Vehicle Rental Company Investment Opportunity in Al Khor, Qatar
E-scooter rental service company in Qatar receiving 10,000 bookings weekly seeks investment.
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 960 thousand |
| Run Rate Sales | USD 2.64 million |
| EBITDA Margin | 30 % |
| Industries | Vehicle Rental |
| Locations | Al Khor |
| Local Time | 12:49 AM Asia / Qatar |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
820 thousand
for
25.0%
stake
(Native Currency: QAR 3,000,000)
Reason: Need funds to hire more employees and buy more scooters.
Includes physical assets worth
USD
2.2 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(212.9 KB)
Business Overview
- E-Scooter rental service company registered in Al Khor.
- We currently have 7,000 scooters.
- On average we receive 10,000 bookings per week through our app.
- Revenue model: We charge an unlocking fee and charge a fee on a per-minute basis. We charge QAR 0.4-0.65 per minute.
- Our sales have increased due to an increase in the number of users.
- The company has 2 directors with equal shareholding and has no debts or liabilities.
- We currently have 7,000 scooters.
- On average we receive 10,000 bookings per week through our app.
- Revenue model: We charge an unlocking fee and charge a fee on a per-minute basis. We charge QAR 0.4-0.65 per minute.
- Our sales have increased due to an increase in the number of users.
- The company has 2 directors with equal shareholding and has no debts or liabilities.
Products & Services Overview
We provide e-scooters on a rental basis.
Assets Overview
Tangible- 7,000 e-scooters and office furniture.Intangible- Website and mobile apps for Android and iOS with 10k+ downloads.
Facilities Overview
Company-owned 1,500 square feet of office area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysGroup Owner, IT Hardware, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Vehicle Rental Company Investment Opportunity in Al Khor, Qatar
·Bike Rental Company Investment Opportunity in Al Khor, Qatar
·Car Rental Company Investment Opportunity in Al Khor, Qatar
·Invest in Vehicle Rental Company in Al Khor, Qatar
·Invest in Bike Rental Company in Al Khor, Qatar
·Invest in Car Rental Company in Al Khor, Qatar
·Vehicle Rental Company Investment Opportunity
·Bike Rental Company Investment Opportunity
·Car Rental Company Investment Opportunity
·Investment Opportunity in Al Khor, Qatar
·Invest in Vehicle Rental Company
·Invest in Bike Rental Company
·Invest in Car Rental Company
·Invest in Al Khor, Qatar
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses