Well running established Limousine company , great investment opportunity for those who want a straight forward income ,the company is all set up and has no debts ,
we work with Uber , Careem and Bolt application
We have Fleet: 24 Cars (Hyundai, Lexus, Tesla) With TOTAL Fleet Valuation of AED 3.5M – 3.7M
- RTA Contract allocation: 30-car quota
- 29 x Drivers,
- 1 x General Manager,
- 1 x Operations Manager,
- 1 x Accommodation Admin,
- 1 x Marketing Manager,
- 1 x Finance (Outsourcing)
Assets RTA DEPOSIT 132,000.00
29 x Drivers: VISA for DRIVER + RTA CARD + OTHER EXPENSES
( Phone + Sim Card + Accommodation) 435,000.00
29 x POS MACHINE CARD (Network International) 33,350.00
RMS (GPS System) 57,880.00
TOTAL 658,230.00
Earnings Valuation
• Normalized Revenue Potential Full Capacity: AED 6M – 6.5 M
annually ( 2 Driver x 2 Shift )
- Operating Expenses: AED 4M – 4.5M
- Adjusted EBITDA: AED 1.5M – 2M
- Industry Multiple (Dubai limo/transport): 3×–4× EBITDA
Earnings Valuation: AED 4.5M – 6.5M
Final Asking Price: AED 7.2 M
