College for Sale in Himber, India
For Sale: Nonoperational educational institution in Himber, Himachal, with AICTE approval and state government NOC.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Colleges |
| Locations | Himber |
| Local Time | 8:11 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.08 million
(Native Currency: INR 180,000,000)
Reason: We are seeking a buyer who can take over the institution and resume operations.
Includes physical assets worth
USD
2.08 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
State Government Affiliation
(82.6 KB)
State government noc
(1.1 MB)
Business Overview
- The business is a nonoperational educational institution located in Himber, Himachal, offering Btech, B. Pharma, and Polytechnic courses.
- Established 16 years ago, the institution ceased operations 6 years ago due to financial and health issues faced by the promoters.
- At the time of closure, the institution had a student base of over 500 students, indicating potential demand for educational services in the area.
- The location in Himber, Himachal, offers an opportunity to cater to the educational needs of the local community and potentially tap into the broader market for higher education in the region.
- The institution has the infrastructure and potential to be re-established and contribute to the educational landscape in the area.
- The institution holds AICTE approval and state government NOC, signifying compliance with regulatory standards, and can be reactivated by submitting a compliance application online to restart the operations.
- Restarting the institution presents an opportunity for investors to participate in the revival of a previously operational educational business with established regulatory approvals and infrastructure in place.
- Established 16 years ago, the institution ceased operations 6 years ago due to financial and health issues faced by the promoters.
- At the time of closure, the institution had a student base of over 500 students, indicating potential demand for educational services in the area.
- The location in Himber, Himachal, offers an opportunity to cater to the educational needs of the local community and potentially tap into the broader market for higher education in the region.
- The institution has the infrastructure and potential to be re-established and contribute to the educational landscape in the area.
- The institution holds AICTE approval and state government NOC, signifying compliance with regulatory standards, and can be reactivated by submitting a compliance application online to restart the operations.
- Restarting the institution presents an opportunity for investors to participate in the revival of a previously operational educational business with established regulatory approvals and infrastructure in place.
Products & Services Overview
We were an educational institution offering:- B. Tech.
- B. Pharma.
- Polytechnic.
Assets Overview
Tangible assets:- 15-acre land and building with INR 18 crore.
- INR 2.5 crore endowment fund (FDR), which is refundable.
All these assets are worth INR 20.5 crore but are available at a discounted price of INR 18 crore in this transaction.
Facilities Overview
The institution is built on an owned property and has a total land area of 15 acres and a built-up area of 5 acres.There are 4 buildings and 4 workshops built.
Located in Himber, Himachal Pradesh.
The additional space can be utilized for more construction.
Capitalization Overview
Has a bank loan of INR 4 crore.A trust owns the institution and has 2 trustees.
The trust is also being offered in the sale.
Recent Activity
-
Earlier than 15 daysManaging Director, Victoria, Business Broker connected with the Business
-
Earlier than 15 daysProprietor, New Delhi, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysManager, Education, Kolkata, Corporate Investor / Buyer connected with the Business
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
4 Buyers already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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