Coaching Center for Sale in Haldia, India
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 12.6 thousand |
| Run Rate Sales | USD 25 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Coaching Centers |
| Locations | Haldia |
| Local Time | 2:32 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- The business operates on a fee-based coaching model.
- It currently has an no outstanding loans, but because it is a beginning stage business it generates a negative EBITDA margin.
- The business has 100 to 120 active enrolments per year and it is expected to grow in the future. The faculty works under two shifts, in morning and the afternoon, and is required to teach the different subjects.
Fee structure:
- 6th & 7th standards: 800/month for each subject plus tax.
- 8th standard - 900/month for each subject plus tax.
- 9th standard - 1,000/month for each subject plus tax.
- 10th standard - 1,100/month for each subject plus tax.
- 11th and 12th standard - 1,18,000 inclusive of all subjects & tax (EMI option available with a 30% down payment).
- The subjects are categorized as Maths and Science.
Franchise terms:
- The franchise agreement is made for a period of 5 years, 2 years have lapsed and 3 years are remaining and the royalty paid is 10% of the sales. After the expiration of the franchising agreement, it is automatically renewed by the franchiser.
2 computers, 13 cameras, and various furniture items, with an estimated combined value of ₹6–7 lakhs.
Intangible assets:
Franchise agreement, enrolments, and rental contracts.
Main building:
- Has 4 classrooms; 1 Admin office; 1 Faculty office; 2 Washrooms. The building is located in city centre of Haldia and has an area of 1,500 sq. ft. on the second floor. The rent is paid by the owner of the business totaling an amount of INR 47,000 per month excluding electricity bill.
Branch building:
- Has 2 classrooms; 1 Admin office; 1 Faculty office; 1 Washrooms. The building is located in the area of Manjushree locality of Haldia and has an area of 500 sq. ft. on the second floor. The rent is paid by the owner of the business totaling an amount of INR 13,700 per month excluding electricity bill. The option is left to the investor whether they want to continue the operations in this building.