Taxi Company Investment Opportunity in Palma, Spain

- Car and limousine services provider, located in Palma, Spain, acts as an intermediary between tour operators/travel agencies and local transport.

- Offers shared travels, private travels, economy travels, luxury travels, and limousine services.

- Estimated annual turnover is €2.4 million with €144,000 in net profits for the current year.

- Currently partnered with 10 major vendors, including tour operators and online travel agencies.

- The travel agency sells the transfer to the company and they resell it to a local transfer company. For each booking, a commission is received, which is around 21% of the total cost of the transfer.

- The current client inflow is through contracts, referrals, social media etc.

- Processed 47,000 bookings in the last year and operates in 150 cities worldwide, including popular destinations such as New York, Bali, Italy, and all major cities in Spain.

- The business has significant potential for growth through the acquisition of new clients and expansion into new markets.

- There are 10 permanent employees, additionally, the company hires finance professionals on a need basis.

- Services include corporate travel, airport travel and event services.

- Provides both shared and private travels. Mostly we sell economy transfers but we also sell luxury and limousine services.

- The clients who use them are tourists who buy a holiday package that includes, flight+hotel+transfer.

- Currently partnered with 10 major vendors, including tour operators and online travel agencies.

- The travel agency sells the transfer to the company and they resell it to a local transfer company. For each booking, a commission is received, which is around 21% of the total cost of the transfer.

No physical assets are available.

Intangible assets include long term relationships with clients and vendors.

We have a co-working space where we can have meetings with clients.

But 99% of our work is done remotely, the staff works from home.

Having an outstanding loan of EUR 20,000.

There are 3 shareholders with ownership split of 46.2%, 33.8% and 20%.