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Computer Training Business Seeking Loan in Nongpoh, India

Computer training institute in Nongpoh, Ri-Bhoi that can accommodate 50 students at once seeks funds.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 46 thousand
Run Rate Sales USD 41 thousand
EBITDA Margin 0 - 10 %
Industries Computer Training
Locations  Nongpoh
Local Time 10:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.94 million for 10.0% annual interest, 10 years (Native Currency: INR 170,000,000)
Reason: We are constructing our own college building, which is expected to take around one year to complete.... View More
Collateral Available: USD 114 thousand
Includes physical assets worth USD 217 thousand
Interested to connect with advisors
Documents
Rent Agreement
NOC
PAN Card
Visiting Card
Business Overview
- Our facility is strategically located on the main road of Nongpoh, Ri-Bhoi, making it easily accessible for students from nearby areas.
- We are situated in close proximity to several schools and colleges, providing a convenient option for students seeking additional education and skills in the area.
- We offer a wide range of educational programs, from foundational computer courses to advanced diploma programs in computer applications, catering to various levels of expertise.
- Our operations officially began just a week ago, and we have already registered two students, signaling early interest in our programs.
- Our center is well-equipped to accommodate up to 50 students at once, with each student having access to an individual computer for hands-on learning, ensuring a personalized and interactive educational experience.
- The promoter of the center is also one of our core faculty members, bringing 3 years of experience in the field, which enhances the quality of instruction and personal attention given to students.
- We are registered as a society, which emphasizes our commitment to providing educational services that benefit the local community and contribute to its development.
- Despite the early stages of operations, our parent organization has a successful history, with a current enrollment of over 500 students across various courses, showcasing the strong demand and trust in our educational offerings.
- We charge monthly fees, which range from INR 900 to INR 10,000 per student, offering flexibility for students from different economic backgrounds to access quality education.
- While we face competition in the region, which has affected recent sales to some extent, we are confident that our unique offerings, experienced faculty, and accessible location will position us as a preferred choice for students in the long run.
Products & Services Overview
Training of media, programming courses such as HTML, Java, Python, Photoshop, SQL.
Assets Overview
Computers, equipment: 90 lakhs.
Land value of 39,000 sq ft worth INR 1 cr.
Facilities Overview
1,200 sq ft rented facility with two Room in Nongpoh Ri-Bhoi District.
Rent per month is INR 32k.
Capitalization Overview
Shareholders are 2.
INR 1.35 lakhs worth of loan outstanding.
Self-funded business.
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This transaction has concluded. View similar business opportunities on SMERGERS
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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