Coaching Center Investment Opportunity in Ghaziabad, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 54 thousand |
Run Rate Sales | USD 54 thousand |
EBITDA Margin | Nil |
Industries | Coaching Centers |
Locations | Ghaziabad |
Local Time | 10:50 PM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- Coaching centers are located in Raj Nagar extension, Kapurthala, and Meerut and have a total of 120 students.
- Have 9 full-time professors including 4 IIT professors.
- Business owners are planning to launch an online interactive coaching platform that will be accessible through web and mobile applications, for which the development is already complete.
- Have already run a trial of the online platform for one year with 6 schools in Punjab and have received good feedback.
- We are in advance talks with 4 schools in Punjab and UP and are expecting to close the deal in 1-2 months.
- Founder is an IIT Alumni and has 18+ years of industry experience.
- We are currently not generating profit since our operational expenses exceed the gross profit, but we expect to grow the offline business to a minimum of 500 students and 10 schools by next year with a total annual offline revenue of INR 5 crore. Also, we would launch the online business with the expected first-year revenue of INR 1 crore.
- Business owned assets include smart boards, live broadcasting equipment, computers, furnishings, and other equipment.
- 2nd Center in Kapurthala, Punjab of 1200 sq ft with 4 Classrooms for a monthly rent of INR 22,000.
- 3rd Center (Franchised) in Meerut with 3 Classrooms 900 sq ft for a monthly rent of INR 40,000.
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Earlier than 15 daysChief Executive Officer, E-commerce & Retail, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysInvestment Officer, Advisory Services, Doha, Individual Investor / Buyer connected with the Business