Newly Established Computer Training Business Seeking Loan in Mumbai, India

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 35 thousand
EBITDA Margin
Operating at loss
Industries
Locations
Local Time
1:08 AM Pune
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 7 thousand for 12.0% annual interest, 3.0 years (Native Currency: INR 500,000)
Reason: Clearing previous rent and salaries.
Collateral Available: USD 0
Includes physical assets worth USD 5.6 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
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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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