Edutech Business Investment Opportunity in Thoubal, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Other |
Reported Sales | USD 2.3 thousand |
Run Rate Sales | USD 3.5 thousand |
EBITDA Margin | 30 % |
Industries | Edutech |
Locations | Thoubal |
Local Time | 5:38 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
This year, the business has achieved financial stability, a notable improvement from the previous year's challenges caused by internet shutdown in Manipur for almost 9 months, which significantly hindered income generation.
- Overcoming these obstacles, the business now operates with 30% profit margin, after covering overheads like rent, salaries, and other operational expenses.
- Looking ahead, the business is poised for growth, with plans to expand its student base to 50 individuals. Additionally, the business intends to initiate physical classes to accommodate the growing number of students, thereby enhancing its educational offerings.
- Each student pays between INR 5,000 to 10,000, reflecting the potential for substantial revenue generation for the business.
- The business does not require any approvals/licenses.
- Personalized home tutoring:
Delivered at the student’s home, focusing on subjects they need help with, guided by their unique learning style.
- Academy (online classes):
Offers a more flexible and accessible option for students who prefer or require online learning.
- Progress tracking system:
A key differentiator that provides detailed insights into the student's progress, helping parents and tutors make informed decisions on the next steps in the learning process. Users and how they use the service:
- Parents:
They search for tutors through liktak's platform to find the best match for their child's educational needs.
Parents use the progress tracking system to monitor their child’s learning progress through regular reports.
- Students:
They receive customized tutoring that is tailored to their specific learning style, strengths, and weaknesses.
Students benefit from a structured learning plan, with lessons aligned to their academic goals and school curriculum.
- Tutors:
Tutors use the platform to list their profiles, manage their schedules, and track student progress. They also use the app to record class timings and submit reports on student performance.
- Ownership of the business is divided among three shareholders, with share splits of 30%, 25%, and 45% respectively.