Transport Service Business Raising Funds In Bangalore
Product / Service
Catering to a diverse array of transportation needs, this business offers the following services: taxi rentals, package tours, cab rentals, and bus booking. Clients can rely on these comprehensive solutions for all their transportation requirements.
Clientele type
Their clientele comprises tourists, airport transfer passengers, users of tourist vehicle services, and individuals seeking flight and bus ticket bookings. On average, they handle between 90 and 100 bookings each week.
Premises
LEASED
Lease per month (in INR): 15,000
Security Deposit (in INR): 300,000
Carpet Area: 600 sq ft
They have entered into a 5-year agreement for the premises, which commenced in 2019. Additionally, they have opted for outsourcing, securing a fleet of 8 buses and approximately 15 cars, complete with professional drivers.
Asking Price Includes
The terms of the transaction will be discussed with potential Investors.
Reason
They are actively pursuing funding to acquire electric buses, as part of their commitment to a project commissioned by the state government. This project aims to offer transportation services and comprehensive packages for Tirupati Darshan.
Other Details
The founder boasts over 20 years of extensive experience in the sector, while the business is supported by a team of experts, including MBA graduates, technology specialists, and accounting professionals.
Moreover, the business holds official recognition from government authorities such as the DPIIT under the Government of India and KSTDC (Karnataka State Tourism Development Corporation) under the Government of Karnataka.
Keywords
Business Tags
₹10 to ₹200 Cr
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