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Newly Established Training Institute Investment Opportunity in Lagos, Nigeria

Well-known engineering center / institute in Middle East, seeks funding to start training institutes in Africa.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Training Institutes
Locations  Lagos
Local Time 11:06 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 270 thousand for 10.0% stake (Native Currency: AED 1,000,000)
Reason: Funds will be used to register a new entity for the African market and start a training institute in... View More
Name, Phone, Email
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Business Name
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Documents
Business Overview
- Company runs a well-known training institute in UAE and Qatar and is looking to start a new entity for the African market.
- At our institute, we provide training related to building and construction design. We have trained 4,000+ students till date.
- Our institute generates a yearly revenue of AED 2.8 million at 40% EBITDA margin.
- Seeking funds to register a new entity for the African market and the investor will receive ownership stake in the new entity.
- We plan to start our training institute in Nigeria and then move to other countries such as Kenya, Ghana and Zimbabwe.
- We have decided Nigeria as our first preference because this country has a lot of building & construction companies and has a huge market opportunity to train students for technical skills.
- In order to test responses from Nigeran market, we recently created a small social media campaign and in 1-2 weeks, we received 5,000+ interested members / followers.
- We plan to set up our first training institute in Lagos, Nigeria. We are yet to identify the location.
- Founder is currently based in the UAE and will be available in UAE mobile number.
Products & Services Overview
Courses related to technical skills required in building and construction industries.
Assets Overview
We do not own any physical assets.
Facilities Overview
We are yet to identify the location for our new entity.
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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