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Ruben's Blog | Ռուբենի Բլոգը

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1 EURO for a Ride 💶

To become a taxi driver, you must possess a driver’s license, purchase a car for at least 2500 EURO, maintain the vehicle, buy fuel, and pay fees.

A single ride in Stepanavan, regardless of the starting and ending points, costs a fixed 1 EURO (approximately 500 USD).

A man who bought a kid’s car (a rideable electric vehicle) for 200 EURO operates on the city square, charging 1 EURO for a ride around the square. This short journey covers roughly 200 meters. This business model has no fees, expensive cars, maintenanc cost, and the risk of accidental harm to others

Is the Kids’ Car Business 10 Times More Profitable Than Taxi?

I think there are 3 things we should consider:

  • Taxi is a necessity, kids’ car is a leisure activity. People with little money will not afford it, but they will use taxi.
  • Kids’ car is seasonal - only works in summer and good weather, when we have enough tourism. Where taxi works best when the weather is bad.
  • In the short term, kids’ car is much more profitable; in the long term, maybe not so much

Please give me feedback or make a comment on whatever help me improve. ❤️

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