Need help?

Coaching Centers Business for Sale in Chennai, India

Award-winning chain of 10 coaching centres in Chennai with 700 students enrolled and 45+ teachers.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 600 - 700 thousand
Run Rate Sales USD 680 thousand
EBITDA Margin 30 - 40 %
Industries Coaching Centers
Locations  Chennai
Local Time 4:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.36 million (Native Currency: INR 120,000,000)
Reason: Owner desires to relocate. Our brand has strong value and is widely recognized across south India. T... View More
Includes physical assets worth USD 57 thousand
Interested to connect with advisors
Documents
Business Overview
- Coaching institute providing classes for grade 9 to grade 12 students in CBSE & ICSE/ISC board and JEE & NEET aspirants.
- Pricing per course ranges from INR 60,000 to INR 1.8 lakh depending on the course selected.
- We enrol over 700 students across 10 outlets in Chennai.
- Each outlet has an area of 1,000 to 1,500 square feet.
- Have started offering online coaching classes in response to the ongoing pandemic. When the pandemic was announced, we entered into a temporary tie-up with 10 - 12 schools across Chennai. Run rate sales have slightly increased due to pandemic.
- We have hired over 45 teachers on a contract basis and are using 25 teachers currently. We pay them anywhere between INR 800 to INR 1,400/hr depending on their experience and the course taught.
- The core team of our teaching staff is highly experienced and consists of industry leaders and IIT professors.
- The coaching institute is widely recognized across Chennai and has strong brand value. We have been awarded as the best coaching institute in south India by reputable agencies.
- We conduct regular marketing campaigns with full-page print ads in newspapers across south India. Have entered into an agreement with Times of India where we pay INR 50,00,000 to 60,00,000 annually to promote the business. Have a pan-India presence owing to digital platform. Besides that, we have engaged in paid INR 10,00,000-15,00,000 on digital marketing through Facebook and Google advertising. Our Facebook page has over 33,000 likes.
- It's a debt-free company with around INR 1 crore in deposits.
Products & Services Overview
Offer coaching classes for students from grade 9 to grade 12 and JEE & NEET aspirants.
Assets Overview
Buyer will receive the rental deposit along with all the interiors and furnishings of the coaching institute.
Facilities Overview
We own 10 centers in affluent areas localities across Chennai covering a total area of 11,000 square feet approximately. Out of them, 4 centers are owned by the promoter and are rented out to the business.
We pay a monthly rent of INR 3.5 lakh.
Additionally, we also have a head office for the business.
Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
11 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more