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Computer Training Business Seeking Loan in Mumbai, India

Franchise of CADD Centre / Livewire that has been operating for 15 months.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 16 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin Operating at loss
Industries Computer Training
Locations  Mumbai
Local Time 8:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 12.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: Clearing previous rent and salaries.
Collateral Available: USD 0
Includes physical assets worth USD 5 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a franchise of CADD Centre and Livewire that was started last year.

- Our franchise agreement is renewed on a yearly basis.

- In total we have catered to more than 70 students in 15 months and focus on a 1 on 1 training.

- Have 5 trainers, 1 business development manager and 2 admin staff.

- Signed MOU with Kohinoor Technical Institute pan India to train their students in CADD.

- Also signed 2 more MOUs with Engineering Colleges nearby.

- Promoter is an aerospace engineer having expertise in these technologies that we offer.

- Company's physical assets include furniture, fixtures and desktops.

- Currently the firm has high operating costs but is growing rapidly and aims to turn a profit in the future by scaling up.

Products & Services Overview

We train students in CAD / CAM / CAE and also IT / Comp related courses.

Facilities Overview

Area of around 700 Sq. Ft Carpet area on Lease.

Capitalization Overview
Not Disclosed
Recent Activity
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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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