Ride-hailing company in Toronto for sale

North America - Canada


Transportation and storage

Sales Price On request
Profits On request
Asking Price On request

Overview of this taxi company for sale

  • Growing 2-year-old taxi company for sale in Toronto is looking for funds. It provides ridesharing, loyalty program, proprietary payment processing, and targeted coupon delivery.
  • Prices for customers are over 5X less than competitors such as Uber and Lyft.
  • 75% of revenue is derived from repeat business.
  • Organic driver hiring with a waiting list of 300+ drivers.
  • Only for2 months, this taxi company for sale captured 0,3% of the Toronto market.
  • Fleet includes hybrid or fully electric vehicles.
  • Driver commission is approx. half the competitions.
  • The rates remain the same despite the market conditions.
  • The company works with FT drivers with at least 1-year of experience. Each driver is inspected and road-tested in person to ensure quality.
  • The company has developed a mobile application that is on Google Play Store and Apple Store. It has 500 installs and 4,5 ratings on Play Store.
  • App, software, and payment processing technology are created by the company.
  • This business for sale charges a percentage fee from drivers and a flat rate from riders.
  • It benefits from experienced and dedicated employees delivering reputable services across Toronto.
  • Currently, all operations are run remotely and the office will be established once the pandemic has cooled.
Interested in buying this business?
Write to us and we’ll contact you with the detailed information

    taxi company for sale