YTT Riders - Taxi Franchise Opportunity
7.2 / 10 · Established in 2016, 3 Franchisees currently, Headquartered in Bangalore
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Fleet Partner | USD 1.2 - 3.6 thousand | USD 300 | 500 - 750 Sq Ft | 1 | USD 2.4 thousand | 20% | Fleet partner will get to keep 5% of the trip fare. |
| Format Name | Fleet Partner |
|---|---|
| Investment | USD 1.2 - 3.6 thousand |
| Brand Fee | USD 300 |
| Space | 500 - 750 Sq Ft |
| Staff | 1 |
| Expected Monthly Sales | USD 2.4 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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Earlier than 15 daysJunior Assistant, Government Entity, Nalgonda, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Travel Agency, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Cement Dealer, Chennai, Individual Investor / Buyer connected with the Business
Profile Stats
- 1000+ Page Views
- 1000+ Investor Views
