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Edutech Company for Sale in Hong Kong Island, Hong Kong

For Sale: Education technology company providing 24/7 1to1 online tutoring by demand on STEM.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 12.8 thousand
Run Rate Sales USD 15.4 thousand
EBITDA Margin 25 %
Industries Edutech
Locations  Hong Kong Island
Local Time 8:10 AM Asia / Hong Kong
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: HKD 550,000)
Reason: Looking to hand over the business to a passionate edu tech entrepreneur who is keen to bring their e... View More
Includes physical assets worth USD 12.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Operational start-up in the ed-tech space registered in Hong Kong.
- Since this is an online business model, operations can be run from anywhere.
- We have a B2C model.
- We hire tutors on a contract basis and students register on the platform for STEM education.
- Revenue is generated by charging tutor fees to students.
- Platform is designed and developed in-house.
- We only have around 30 registered students at the moment and it will increase soon.
- Collaborate with an NGO and two sports academies for distribution. This setup enables us to collaborate with most of the companies out there.
Products & Services Overview
- An edutech platform, allowing students to seek help online by chatting to real personal tutors.
- Only focus on programming language, computer science and mathematic related subjects.
- Basically, we provide members only online on demand one to one tutoring, 24/7 and safe.
- Multilingual: Cantonese, Mandarin, English, Spanish, Hindi and Indonesian.
- We adopt older siblings or teachers like support and with no intimidation and a non-judgemental approach.
- Our tutors are independent contractors; and to ensure high quality mentorship, they must be university students majoring in engineering, and computer science.
Assets Overview
- The company registry.
- Bank account.
- Payment gateway to collect payment.
- The platform, algorithm, website and code.
- Team of tutors.
- Operational handbook.
- Contracts.
- Social media accounts.
- Computers and laptops.
Facilities Overview
We follow a remote working environment and work from anywhere approach.
Capitalization Overview
- Company has no liabilities.
- Business is 100% owned by a single owner.
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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