For Sale: Sharm Taxi App - The Premier Rideshare Service in Sharm El Sheikh
Here is a unique opportunity to acquire a profitable and established rideshare business operating in one of Egypt’s top tourist destinations.
Sharm Taxi App is a modern, app-based taxi service launched in 2021, strategically positioned to dominate the transportation market in Sharm El Sheikh. The business fills a critical gap, offering a reliable, safe, and professional alternative in a market with high demand from tourists and limited competition from major international rideshare platforms.
With a strong brand, a 3+ year operational history, and a 4.5-star customer rating, this business is a turnkey solution for an investor looking to enter or expand in the lucrative Egyptian tourism sector.
Key Investment Highlights
- Established Market Leader: Successfully operating for over three years, the business has built a trusted reputation as the go-to rideshare service in Sharm El Sheikh.
- High-Demand Niche: The app serves a high-traffic tourist area, providing essential services like airport transfers, hotel-to-attraction transport, and local tours.
- Strong Reputation: The business boasts a 4.5-star average rating, with customer reviews praising its reliability, professional drivers, and fair pricing.
- Complete Tech Ecosystem: The business includes two fully developed and active mobile applications:
- SharmTaxi (Passenger App): Available on both the Apple App Store and Google Play Store.
- SharmDrive (Driver App): A dedicated app for drivers to manage rides and earnings.
- Robust Online Presence: A professional, fully-featured website (www.sharmtaxiservice.com) serves as a central hub for booking, information, and marketing.
Unique Selling Propositions (USPs) & Competitive Advantages
This business is built on a foundation of trust and safety, directly addressing the primary concerns of tourists:
- Safety as a Core Feature: The brand is built on reliability. All drivers undergo extensive background checks and regular training, ensuring passengers have a safe and secure experience.
- Professional Fleet & Drivers: Drivers are uniformed, fully licensed, and courteous. The fleet is modern, clean, and well-maintained.
- Transparent, Upfront Pricing: The app provides competitive rates with no hidden fees, a key advantage over traditional taxi negotiations.
- Flexible Service Tiers: Customers can choose from Economy, Business, and Luxury vehicle options, catering to all budgets and preferences.
- 24/7 Service: The service operates around the clock, capturing revenue at all hours, including lucrative late-night and early-morning airport transfers.
Services & Revenue Streams
- On-Demand Rides: App-based booking for immediate transport around the city.
- Airport Transfers: A flagship service, offering flight tracking, name-sign meet-and-greets, and luggage assistance.
- Tourist Hotspot Transport: Specializing in routes to all major destinations (Naama Bay, SOHO Square, Ras Mohammed, etc.).
- Tailored Tours: Pre-bookable taxi tours for sightseeing and activities, providing an additional high-margin revenue stream.
The Opportunity
A new owner can immediately capitalize on the existing platform, reputation, and technology. The "Sharm Taxi" brand is perfectly positioned as the safe, modern, and reliable solution for the millions of tourists who visit Sharm El Sheikh.
This is an ideal acquisition for:
- An investor seeking a proven, cash-flow-positive business in the tech and tourism space.
- A larger transportation company looking to instantly establish a foothold in the Red Sea market.
- An entrepreneur ready to scale an already successful and high-growth-potential operation.