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Newly Established Training Institute Seeking Loan in Patna, India

Training and website and software development business with 3,500+ trained students and 15+ completed projects.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 30 - 40 %
Industries Web & Mobile Development + 1 more
Locations  Patna
Local Time 7:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 20.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: The business seeks funds for expansion by undertaking more clients and operating in more cities. We ... View More
Collateral Available: USD 6 thousand
Includes physical assets worth USD 12 thousand
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Business Overview

- We are a research, training, website, and software development business.

- Have trained over 3,500 students so far.

- Our students are the people enrolled in different engineering courses looking to upgrade their skills.

- In a month we provide training to 250+ students.

- The duration of the course varies from 4 to 12 weeks based on the student's requirement.

- We charge a fee to provide the course.

- 60% of our revenue is generated from providing training.

- We have undertaken website and software development projects.

- So far, the business has completed 15-20 projects. We do not have any fixed clients but we undertake projects as we get them.

- We will soon be undertaking government tenders.

- All our services are provided by our own employees who all are B. Tech degree holders.

- There are 2 partners in the business with equal shareholding.

- Business is debt-free.

Products & Services Overview

Research & training for software development.

Website, software & ERP development.

Digital marketing.

Assets Overview

Furniture.

Computer systems.

CCTV cameras.

Broadband.

Guard room equipment.

Facilities Overview

Leased office of 1,500 sq. ft with MD cabin and workstation that can house 50 people.

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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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