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Taxi Startup Investment Opportunity in Guanacaste Province, Costa Rica

Digital transportation service for Costa Rica made for tuk-tuks.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 7 %
Industries Taxi + 1 more
Locations  Guanacaste Province
Local Time 8:08 PM America / Costa Rica
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 110 thousand for 50.0% stake (Native Currency: CRC 55,000,000)
Reason: The owners want to make the company the number one service provider of tuk-tuk transportation in cen... View More
Includes physical assets worth USD 60 thousand
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Business Overview

- Thriving business with numerous highlights that showcase our success and potential for future growth.

- Since the launch of our app we have experienced remarkable progress in a short period. Here are some key highlights:

Strong client base: We are proud to have garnered 340 active users since the app's inception. This number reflects the positive response and trust our clients have placed in our services.

Active driver network: Our platform is supported by a team of dedicated and skilled drivers, ready to offer reliable and safe transportation solutions to our valued users.

Expanding service areas: We are currently operating in three different service areas, providing convenient and efficient travel options to our clients in multiple locations.

Impressive ride requests: With a total of 217 ride requests received, we have witnessed a high demand for our services, which reinforces our relevance in the transportation industry.

Completed rides: Out of the ride requests, we have successfully completed 50 rides, demonstrating our commitment to providing excellent service and ensuring customer satisfaction.

Business association with Grupo UMA: Our strategic partnership with Grupo UMA, the main tuk-tuk distributor in the region, has significantly strengthened our position. This alliance not only facilitates smooth expansion but also allows us to attract new drivers effortlessly.

Consistent earnings: To date, the business has earned an impressive total of 825,870.4 units, reflecting the financial viability and profitability of our business model.

Nationwide membership program: In line with our vision of continuous growth, we are excited to announce the upcoming launch of a nationwide membership program. This innovative initiative will generate a constant passive income stream, fostering sustainable financial stability for the company.

With a strong track record, a loyal customer base, and strategic partnerships, we are well-positioned for further expansion and success in the transportation industry. We remain committed to providing top-notch service, embracing innovation, and creating meaningful connections with our clients and business partners. Together, we look forward to a bright future filled with new opportunities and continued growth.

Products & Services Overview

The business offers a variety of products that complement our transportation services and provide a complete experience for both users and drivers. Here is a description of some of the products we offer:

Products for users:

Mobile app: Our mobile application is an essential tool for users, allowing them to easily book a Tuk Tuk, view fares, track the ride in real time, and make secure payments.

Merchandising: We provide promotional products with such as t-shirts, caps, and stickers, so users can take home a memento of their experience and show their support for our company.

Products for drivers:

Uniforms: We offer high-quality uniforms for our drivers, including shirts to easily identify them and provide a professional service.

Maintenance kit: We provide maintenance kits for Tuk Tuk vehicles, including tools and products for regular care and upkeep of the vehicles, ensuring their good condition and optimal performance.

Liability insurance: We offer the option for drivers to acquire liability insurance to protect them in case of any eventuality during the service.

Technical assistance: We provide technical assistance and training to our drivers for proper handling and maintenance of the Tuk Tuk vehicles.

We care about providing quality products to enhance the experience of both our users and drivers. Our products are designed with comfort, safety, and satisfaction in mind for everyone involved in our community.

Assets Overview

Tangible assets:

Tuk-tuks: The business owns 8 tuk-tuks with a total value of USD 19,750. These vehicles are tangible assets used for providing transportation services to users.

Intangible assets:

Mobile application: We own the mobile application used for connecting drivers and users. This app is an intangible asset that represents the technology and intellectual property developed by the company.

Website: The company owns a website that serves as an online platform for information about the services, booking options, and updates. The website is an essential intangible asset for marketing and brand presence.

Social media channels: We own and manage various social media channels to engage with users, promote services, and create brand awareness.

Facilities Overview

The business has 1 office with 2 workers based in Guanacaste, Costa Rica.

Capitalization Overview

The business is solely funded by the owner's life savings, and the business has no outstanding debts or loans. The application is entirely owned by the company, with no external investors or shareholders. As of now, there is only one shareholder, who holds 100% ownership of the business. This allows for complete autonomy in decision-making and positions the company for future growth and expansion on its own terms. With a strong financial foundation and a strategic approach to funding, we are well-equipped to achieve our goals and continue thriving in the transportation industry.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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