Coaching Center Seeking Loan in Kannur, India
Coaching center that is government-recognized and has 200 regular offline students and 1k+ online students.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 114 thousand |
| Run Rate Sales | USD 220 thousand |
| EBITDA Margin | Nil |
| Industries | Coaching Centers |
| Locations | Kannur |
| Local Time | 3:24 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
340 thousand
for
11.0%
annual interest,
10
years
(Native Currency: INR 30,000,000)
Reason: - All incomes received from conducting these courses were reinvested in the development of the insti...
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Collateral Available: USD 340 thousand
Includes physical assets worth
USD
340 thousand
Interested to connect with advisors
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Business Overview
- Coaching center providing ITI courses offline and online.
- The business has 200 regular students for the offline courses which last for 2 years.
- We have 1k registered students for our online courses.
- The business offers various ITI courses and PG diploma programs.
- We currently have 60 classrooms with a seating capacity of 45 students.
- This is a government-recognized institution having 1 floor with 3 blocks.
- The business has 25+ lecturers and we also bring in guest lecturers from time to time.
- Some of our lecturers are guests.
- We currently have around 10-15 students in a classroom.
- Conducts 10+ batches for 7+ courses.
- Fine arts and animation are our most on-demand courses.
- Online courses have more registrations but the revenue generation is most in the offline programs.
- The owner has an experience of 20+ years in this business.
- The business started with only 2 courses in the beginning.
- Started with the intention of helping students who were from the bottom of the social ladder and who could gain employment in the local market with their special skills in different engineering sectors, so that they could help their families to stand on their own.
- This skill training institute later gained the approval of the Department of technical education, Government of Kerala.
- The sales have increased because of the market recovery from the pandemic hit times.
- We are not yet profitable post the pandemic and the development of new facilities in our infrastructure will be a huge plus.
- The business has 200 regular students for the offline courses which last for 2 years.
- We have 1k registered students for our online courses.
- The business offers various ITI courses and PG diploma programs.
- We currently have 60 classrooms with a seating capacity of 45 students.
- This is a government-recognized institution having 1 floor with 3 blocks.
- The business has 25+ lecturers and we also bring in guest lecturers from time to time.
- Some of our lecturers are guests.
- We currently have around 10-15 students in a classroom.
- Conducts 10+ batches for 7+ courses.
- Fine arts and animation are our most on-demand courses.
- Online courses have more registrations but the revenue generation is most in the offline programs.
- The owner has an experience of 20+ years in this business.
- The business started with only 2 courses in the beginning.
- Started with the intention of helping students who were from the bottom of the social ladder and who could gain employment in the local market with their special skills in different engineering sectors, so that they could help their families to stand on their own.
- This skill training institute later gained the approval of the Department of technical education, Government of Kerala.
- The sales have increased because of the market recovery from the pandemic hit times.
- We are not yet profitable post the pandemic and the development of new facilities in our infrastructure will be a huge plus.
Products & Services Overview
Skill education and ITI courses such as electrical, electronics, refrigeration and AC mechanic mechanical, automobile courses, fine arts and animation courses, and many more.
Assets Overview
Land of 2.5 acre, tools, and machinery.
Facilities Overview
Operating from a 20,000 sqft rental building in Iritty, Kannur district, Kerala.We pay a rent of INR 50k.
Capitalization Overview
- The business has a single owner with complete control of the business.- We do not have any debts or liabilities.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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