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YTT Riders - Taxi Franchise Opportunity

7.2 / 10  ·  Established in 2016, 3 Franchisees currently, Headquartered in Bangalore


All Formats

Format Investment Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Fleet Partner USD 1.3 - 4 thousand USD 330 500 - 750 Sq Ft 1 USD 2.7 thousand 20% Fleet partner will get to keep 5% of the trip fare.
Format Name Fleet Partner
Investment USD 1.3 - 4 thousand
Brand Fee USD 330
Space 500 - 750 Sq Ft
Staff 1
Expected Monthly Sales USD 2.7 thousand
Profit Margin 20%
Royalty / Commission Fleet partner will get to keep 5% of the trip fare.

Documents

About YTT Riders

YTT Cabs is a taxi service provider that offers travel options ranging from auto-rickshaws to SUV vehicles pan India.

Users can make bookings through our mobile application or through our website.

We started as a travels and tour agency in 2016 before entering the on demand cab industry in 2018.

We strive to offer an excellent service at an affordable price.

Products and Services

Offer on-demand cab booking with options ranging from auto-rickshaws to SUVs,

Preferred Locations

India.

How to get YTT Riders Franchise?

Kindly contact us through SMERGERS if you are interested.

What are some of the things we look for in a Franchisee?

- Our fleet partner will oversee and manage all the registered taxi drivers within their assigned region.

- Our fleet partner will address all the queries and issues of the taxi drivers in their region.

- Besides that, our fleet partner can also assist us in business development by on-boarding more taxi drivers and hence increasing the size of the fleet that is under their control.

- The initial investment amount is less since our partner only needs to have a laptop and some basic furniture in order to run the business. The business can be run by a single person.

- The financials/sales figure have been provided on the basis of sales from pre-existing fleet partners. Since we are handling all the brand marketing and tech related operations, these financials are extremely feasible.

Support you can expect from the company

- We will undertake end-to-end business/brand marketing.

- We will also provide complete tech support.

- The franchisor will handle all the operations related activities like ride assignment.

- The partner will have a fleet of taxi drivers under their control when they sign up with us. They can expand the size of the fleet by on-boarding more taxi drivers later on.

- The revenue break-up is as follows: 85% of the trip fare will go to the driver, 10% of the trip fare will come to the franchisor and 5% of the trip fare will be shared with the fleet partner.

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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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    Frequently
    Asked
    Questions

    • When was YTT Riders established?
      YTT Riders was established in 2016 in Bangalore and is reported to have 3 Franchisees currently
    • What is the investment required to take up YTT Riders Franchisee?
      Investment required ranges from INR 1 lakh - 3 lakh depending on the format offered.
    • What is the space requirement for taking up YTT Riders Franchisee?
      Space required ranges from 500 - 750 sq ft depending on the format.
    • What Franchisee formats does YTT Riders offer?
      YTT Riders offers 1 format, i.e Fleet Partner.
    • How to get YTT Riders Franchisee?
      Kindly contact us through SMERGERS if you are interested.
    • Show more