TheDirectory.com Inc (SEEK)

[Carini]

There already is one of those:

YP.com - Yellow Pages, the new yellowpages.com

YP.com local search connects you with over 19 million local businesses.

Also these:

www.google.com
www.bing.com
www.yelp.com

and so on.

Not to mention Goggle Maps just announced it's moving hard into the local search space:

Google Maps Will Feature Local Search Ads for Businesses
May 24, 2016

Expect to see more digital strangers along your physical routes: Local ads are coming to Google Maps.

Now that nearly one third of all mobile searches are related to location, Google is looking for more ways to connect marketers with users walking, biking, driving and otherwise commuting around any given city...