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Newly Established Professional Services Business for Sale in Surat, India

Online passport service consultancy business having clients pan India as well as NRI clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 140 thousand
EBITDA Margin 17 %
Industries Professional Services
Locations  Surat
Local Time 1:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 11.6 thousand (Native Currency: INR 1,000,000)
Reason: We are unable to manage the business ourselves as we are growing rapidly. We have forms that are cur... View More
Interested to connect with advisors
Documents
Business Overview
- We are an online passport service consultancy that has been in operation for 20 days.
- Our website has a form which users will have to fill in with details. Once the details have been submitted we call them to confirm the details.
- Once we confirm the details we process the details on the government website and provide the users with an interview date and help them with information on the documents they would be required to carry.
- We generate revenue by charging a consultation fee for providing this service. We do not have a government mandate but we are providing this service as a convenience to clients.
- The entire fee is around INR 3,000 which includes the expenses we would incur to register for an interview date. Our gross profit is approximately INR 1,500 per form.
- Currently we are receiving around 15-20 paid forms on a daily basis and we receive 10-15 more where payment hasn't been made or the information hasn't been completed.
- For the additional forms we receive that aren't paid we call them to find out the issue so that we can convert them.
- Our clients are located throughout India and we also get some forms from NRIs who are working in places like UAE who are looking to renew their passports.
- Buyer would receive our website and IP. We would also provide initial training and marketing support.
- This brand is registered under our LLP company, however, we would not be selling the company and the buyer would have to register his own entity under which he can operate the brand.
Products & Services Overview
Online passport consultancy business for people looking to make or renew their passports.
Facilities Overview
Operating out of promoter owned premise which would not be included in the deal.
Capitalization Overview
Not Disclosed
Recent Activity
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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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