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Computer Training Company for Sale in Thane, India

IT education company with a commercial building of 1,100 sq ft for sale in Thane.

Established 30-40 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Computer Training
Locations  Thane
Local Time 1:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 295 thousand (Native Currency: INR 25,000,000)
Reason: The directors are retiring.
Includes physical assets worth USD 295 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are an IT and computer training institute and had over 8 branches in south India.
- Our business was working at its full capacity and had 600+ enrolled in our classes.
- The business stopped operations during the pandemic and the 8 branches either were shut down or have become an independent institute.
- We have a commercial property located at a prime place on the first floor facing two sides road in Thane.
- The facility is within walking distance from the railway station.
- Company's legal entity, brand name, and physical assets including the property are for sale.
- The business has 3 partners with an equal stake in the company. 10% of the ownership stake is kept aside for stock options.
- Company has taken a loan previously and the outstanding payment is INR 75 lakhs.
- The company director has 35+ years of professional experience and is open to assist the new buyer in setting up the business.
Products & Services Overview
We were a computer training institute. The building is ideal for education/training centers and consultancy services.
Assets Overview
Physical assets include a commercial office of 1,100 sq ft on the first floor which is owned by the business.
Facilities Overview
We have a facility with a built-up area of 1,100 sq ft with a carpet area of 960 sq ft on the first floor which is owned by the business.
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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