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Coaching Centers Business Seeking Loan in Belagavi, India

Coaching institute dedicated towards JEE & NEET exam preparation is seeking business loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 thousand
Run Rate Sales USD 15 thousand
EBITDA Margin 30 %
Industries Coaching Centers
Locations  Belagavi
Local Time 8:27 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5 thousand for 15.0% annual interest, 2 years (Native Currency: INR 400,000)
Reason: Require loan to build an online infrastructure for delivery of classes which is disrupted by the pan... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.5 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
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Business Overview

The business creates proprietary study materials for coaching its students to ace JEE and NEET exams. The business conducts two batches for each preparation cycle with varying sizes at one office. The preparation cycle for each batch of JEE and NEET exams preparation is about 8 months long with 7 hours of classes every day. The business does not collect the fee from each student in one go. The business creates 4-5 instalments that students pay at fixed intervals of their respective preparation cycles. The average batch size of students varies from 37 to 150 students depending on the coaching centre. The business currently has 32+ students for JEE and NEET preparation for next year cycle. The revenue of the business fell previous year due to the inability to deliver physical classes and lack of interest of students towards online classes. However, the business has increased its revenue this year due to increased demand of online classes. The business requires this investment to build an online infrastructure to conduct classes, to enrol students of different grades and bring back the business to normalcy. The business is receiving enquiries from students of different states for JEE and NEET coaching leading to an increased demand to match with.

Products & Services Overview

1. ISC and CBSE coaching for 8th, 9th and 10th grade students for physics, chemistry, maths and biology.

2. JEE and NEET foundation coaching for 8th, 9th and 10th grade students.

3. JEE and NEET coaching for 11th & 12th grade students.

Assets Overview

Proprietary study materials, books in our libraries, tables, chairs, white boards.

Facilities Overview

The business has two facilities in Belagavi, Karnataka. Both facilities are rented and well furnished. One facility is a big hall made across 1,300 sq. ft. with the capacity to seat 200+ students. Other facility is expanded across 1,400 sq. ft. with 3 classrooms each having a capacity to seat 42 students along with 1 office and a library.

Capitalization Overview
Not Disclosed
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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.
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