- Country: Philippines
- Industry: Transport, Automotive, Aviation
- Stage: Start-up
- Investment size: $250,000 / min. $250,000
- Type of investment: Debt, Equity
Here in my country Philippines taxi is the best comfortable way of transportation for it is air conditioned and you will not inhale the bad gases.
Cagayan de Oro city, Philippines is a growing city in northern Mindanao when it comes to economic development, more people are moving to live here and looking for jobs. More people means more transportation needed by commuters, and taxi is one of the best ways for it is comfortable to the passenger because it's air conditioned, smells good and you get easily to your destination for it can take a short cut.
Here is where your money as an investor in this business will go:
1) Ten brand new units of Toyota Vios.
Why ten units? So you can get your investment in few years. Why Toyota Vios? Here in our city Toyota Vios is more competitive than other brand of cars and it is the most taxi choose by the passengers for it is beautiful and comfortable.
2) We need to rent for the garage space of minimum of 300 square meters and the rental will cost minimum of 10,000 pesos plus per month. We need to make a deposit in the size of two months and pay the rent for the first 1 month in advance.
3) Renovation of the garage.
4) Registration per taxi. Each taxi will be rented 800 pesos per day for the interested driver.
Computation per month:
10 units of taxi x 26 days only.
Why 26 days only? We much check per unit of taxi once a week for lasting performance.
10 x 800 = 8000 pesos per day for ten taxis
8000 x 26 days = 208,000 pesos per month 4767.36 USD as of this day
80 percent for the investor for fast Return of Investment, and 20 percent for me. This sharing will based on net income per month because we also have to pay the garage, light and water bills.
Take Note: there will be yearly renewal of franchise
I'm just ordinary man looking for an investor for putting up a taxi for rent business. Our city is safe to invest in for we have peace and order. I only need your trust as an investor because I'm confident I can grow your investment in couple of years. I will run the business personally to be sure it will grow as planned.
I just need a brand new car Toyota Vios taxi to attract more passengers for this is what competitive means in this business.
Use of financing
Ten brand new Toyota Vios cars, rental for garage of cars, renovation of garage, registration of franchise and insurance.
Opportunity for the investor
I just need an investor who can trust me with all his heart because for me trust is what matters most for this business. I will do my best to return the investment for a period of not more than 10 years. This is a big investment that's why I will only ask for 20 percent share per month.
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