Coaching Centers Company Seeking Loan in Padmapur, India
Providing free coaching to underprivileged students in Odisha.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 9.3 thousand |
| Run Rate Sales | USD 14 thousand |
| EBITDA Margin | 10 % |
| Industries | Coaching Centers |
| Locations | Padmapur |
| Local Time | 6:02 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
17.5 thousand
for
14.0%
annual interest,
2
years
(Native Currency: INR 1,500,000)
Reason: Funding for expansion. The funds will be used to open another center in Bargarh district. This expan...
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Collateral Available: USD 0
Includes physical assets worth
USD
4.7 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Education coaching business in Odisha’s Bargarh district.
- The 2-year-old business provides subsidized coaching facilities to underprivileged students, offering both online and offline classes.
- About 80% of the students learn physically in our classrooms.
- Students living far away join us through Zoom.
- In total we have about 100 enrolled students.
- Our teachers don't take a full-time salary and take a nominal charge for their services, we have about 15 staff (teaching and non-teaching) in total which is required when the number of students reaches 200 and above. Right now the enrolment is low at 100 students.
- We charge a nominal fees of INR 1,000 per student per month. Any additional resources are given for free to our students.
- The business's USP is its affordable coaching, facing competition mainly from small coaching institutes.
- Their long-term vision is to transform into a big company providing affordable coaching within the next 3 years.
- Business has a certificate of incorporation.
- The 2-year-old business provides subsidized coaching facilities to underprivileged students, offering both online and offline classes.
- About 80% of the students learn physically in our classrooms.
- Students living far away join us through Zoom.
- In total we have about 100 enrolled students.
- Our teachers don't take a full-time salary and take a nominal charge for their services, we have about 15 staff (teaching and non-teaching) in total which is required when the number of students reaches 200 and above. Right now the enrolment is low at 100 students.
- We charge a nominal fees of INR 1,000 per student per month. Any additional resources are given for free to our students.
- The business's USP is its affordable coaching, facing competition mainly from small coaching institutes.
- Their long-term vision is to transform into a big company providing affordable coaching within the next 3 years.
- Business has a certificate of incorporation.
Products & Services Overview
We offer coaching for 5th- 12th standard students, and also offer coaching for entrance exams for state government jobs and army recruitment. The top-selling service is for 5th- 12th standard classes. We cater to students all across the Bargarh district.
Assets Overview
Tangible assets include classroom furniture and fixtures in our coaching center.
Facilities Overview
- Rented coaching center in Padampur, Bargarh district, Odisha.- Located on the first floor with 6 classrooms.
- Built-up area of 1,200 sq. ft.
- Monthly rent of INR 35,000.
Capitalization Overview
- No outstanding loans, collateral-free loan options available.- The private limited company that owns and operates this business has 2 equal shareholders.
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