College for Sale in Dahiwadi, India
Full sale of a fully compliant engineering diploma college that requires capital inflow for revival.
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Schools + 1 more |
| Locations | Dahiwadi |
| Local Time | 6:43 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.17 million
(Native Currency: INR 110,000,000)
Reason: We are unable to run the college ourselves. Need to sell out or get an investor at INR 1 crore for 1...
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Includes physical assets worth
USD
1.17 million
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Business Name
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Documents
AICTE Approval
(3.4 MB)
Business Overview
- Business is a defunct polytechnic college located in Dahiwadi, previously specializing in engineering diploma courses such as mechanical, electrical, and computer engineering.
- At its peak, 10 years ago, the college catered to approximately 750 students, highlighting the strong demand for technical education in the region.
- The college's last recorded enrollment was 114 students, showcasing a decline in attendance partly due to operational challenges following the COVID-19 pandemic.
- Prior to its closure, the college generated an annual revenue of INR 4.3 crore, indicating a profitable business model centered around diploma courses.
- The college attracted students from neighboring areas, demonstrating its key role in providing vocational education and skills training within the locality.
- The institution holds the necessary approvals and recognitions from bodies such as AICTE, MSBTE, FRE, and DTE Mumbai, ensuring compliance with education standards and quality.
- There is significant potential for reactivation and growth in the college's offerings due to ongoing demand for engineering diplomas in the region, positioning it for future investment opportunities.
- At its peak, 10 years ago, the college catered to approximately 750 students, highlighting the strong demand for technical education in the region.
- The college's last recorded enrollment was 114 students, showcasing a decline in attendance partly due to operational challenges following the COVID-19 pandemic.
- Prior to its closure, the college generated an annual revenue of INR 4.3 crore, indicating a profitable business model centered around diploma courses.
- The college attracted students from neighboring areas, demonstrating its key role in providing vocational education and skills training within the locality.
- The institution holds the necessary approvals and recognitions from bodies such as AICTE, MSBTE, FRE, and DTE Mumbai, ensuring compliance with education standards and quality.
- There is significant potential for reactivation and growth in the college's offerings due to ongoing demand for engineering diplomas in the region, positioning it for future investment opportunities.
Products & Services Overview
The most sought after courses were the diplomas in different engineering streams like mechanical, electrical, and computer engineering.- We had students from neighbouring areas of Dahiwadi attending.
750 students are there in 2015 - 16 years and know very high demand for polytechnic College in my area.
Assets Overview
Tangible assets:- 5 acres land worth INR 7.5+ crore (INR 1.5+ crore per acre).
- Building of 70,000 sq. ft. with furniture and fixtures, worth more than INR 3.5 crore.
The official valuation of the entire land, building, and equipment is INR 15 crore, but we want to sell the business fast and for this reason we are selling asset below valuation.
Intangible assets:
- AICTE Approval (All India Council for Technical Education)
- MSBTE approved (Maharashtra State Board of Technical Education)
- DTE Mumbai recognised (Directorate of Technical Education)
- FRA approved (Fees Regulating Authority)
Facilities Overview
- Completely owned 5 acres area.- The college campus has a built-up area of 70,000 square.
- The main building has 2 floors.
- Buyer will get the entire land and building with its furniture and fixtures.
Capitalization Overview
- Single business owner.- No loans on the college or property.
Recent Activity
-
2 days, 2 hours agoMerger Acquisition Advisor, Pimpri-Chinchwad, M&A Advisor connected with the Business
-
1 week, 5 days agoOwner, Marine Logistics, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Investment Banking, Project Funding, Equity Management, Thane, Corporate Investor / Buyer connected with the Business
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