↩ Go Back
Need help?

Small Vehicle Rental Business Investment Opportunity in Gurgaon, India

Search engine for self-driven rental vehicles, offered in association with 4 large vehicle renting companies.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 5 thousand
EBITDA Margin Nil
Industries Vehicle Rental + 1 more
Locations  Gurgaon
Local Time 6:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 20.0% stake (Native Currency: INR 12,500,000)
Reason: For marketing and promotion of the company and to start generating high sales to capitalize on first... View More
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
Documents
GST
Business Overview

- The platform allows users book vehicle on rent through large vehicle rental companies in India.

- Have strategic tie-ups with 4 large rental companies including MylesCar and have a total fleet size of 2,500 vehicles.

- Registered our firm in 2018 and started the operation in April 2019 and have completed 100 bookings in first 2 months.

- We work on a commission basis and charge 10-15% commission on every booking.

- Our strategic tie-ups gives us an advantage of offering customers the highest level of services at a pocket-friendly price.

- Business model has the benefit of first movers advantage.

- Founder is from business family and has worked at Dabur India, Abbott and GSK in the past.

Products & Services Overview

Search engine for self-driven rental car & tempo travellers at a pocket-friendly price.

Facilities Overview

Rental office of one floor in Gurugram.

Capitalization Overview
Not Disclosed
Recent Activity
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.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more