Taxi app marketplace company in Northern Europe for sale

• Revenue: < 5M EUR
• Location of the taxy app marketplace company: Northern Europe
• Employees: > 50
• Reason for sale: The owners are looking for interested investors that want to buy the company to grow the business
• #CFIE ITS129

The owners of a Taxi app marketplace company in Northern Europe are looking for investors to buy the company and exploit its potential. The company develops a software application that is used for ordering taxi services. The potential buyer profile could include taxi apps with strong need for technology and users.  The owners are looking for investors that could help the company to grow in other countries as well.

The company connects passengers with taxi drivers. More than 10 million users have discovered the app’s benefits, through this mobile application or calling phone number appearing in the app passengers are able to access taxi services. Payment for the taxi is done instantly through the app and the prices are visible on the screen even before the user takes the ride. If the user doesn’t accept the price, he has the possibility to refuse the ride. The app is free and easy to use. Taxi drivers are trusty and verified, therefore the passengers can stay calm and relaxed while the cab gets them to the desired location.

If the user has a smartphone, he doesn’t need to know the address or the location where he is, the app recognizes the address through a displayed map. When the taxi comes up, the user receives a notification. During the ride, the app guides the user to avoid traffic jams and to get the fastest route. Every ride is registered in history, therefore the user has a proof about the honesty of the driver. Moreover, the user can choose what type of a car he wants, depending on how many people are needed to be transported there is a possibility to choose a car of a certain size.

The app is used also for other types of services, for example signing documents. If the user needs some documents to be signed and he cannot leave the office, instead of calling a cab and to drive him for the signing, the user can call a cab to take the documents, the taxi driver will transport the documents to the specific location, get it signed and then return with the signed documents. The application permits the transport of the pets too, only that the user has to ensure some specific conditions that require safety and cleanliness. In case a user drives his car to a specific location to participate to an event where alcohol is consumed, he has the possibility to call a cab and a driver for his car, the cab will bring him home and the other driver will get the user’s car at home. The price will be depending on the city, in some locations the price will be one and a half or twice higher that the price for a normal ride. When a driver remains stuck due to battery problems, he can call a driver in the proximity to help him with transfer electricity using battery cables. Through the application someone can order even home shop delivery services, meaning ordering a cab driver to make shopping and bring the delivery home.

The company provides services such as:

• Taxi services
• Documents transport
• Animals Transport
• Bring the car back home
• Airport transfers
• Courier services
• Battery ignition
• Home shop delivery

• The company developed an app that is used for ordering taxi services
• The company has millions of users
• The owners are looking for interested investors that want to buy the company to grow the business