It’s a Limited Liability company Car Rental Company established in 2012 in Gurgaon, Haryana. They have two offices at Gurgaon with area of 1200 sq.ft. and 4000 sq.ft., one Office at Noida and Manesar with area of 200 sq.ft. The total rental of all offices is INR 90,000 and company has paid INR 50,000 as security deposits.
They have vendor network present in 38 cities PAN India wise. They have their own 22 owned cars fleet and 200 + vendor cars also. They work on B2B model and has 130 + Corporate Clients which mostly are MNCs like Airtel, Sony, GMR, etc.. Apart from this, they have given owned 55 cars to clients on monthly basis.
They have their own App for booking services. Corporate client book their services through App to travel to any cities. Company has their own software; ERP for their internal system. They have 25 employees for Marketing, Admin, Accounts, Customer Care, etc. Apart from these employees they have their trained and professional drivers for their own cars. Each car booking through vendors they receive 15-20 percent net of the booking service fee. On monthly average there is 3000 booking for car rental service. The company has average profit margin is 20-25.
The turnover for FY 17 was INR 8.62 Cr. The turnover for FY 18 was INR 9.70 Cr. The FY 19 projected turnover will be INR 11 Cr. The asking price is INR 5.50 Cr


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