School for Sale in Bangalore, India
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 70 thousand |
| Run Rate Sales | Undisclosed |
| EBITDA Margin | 50 % |
| Industries | Schools |
| Locations | Bangalore |
| Local Time | 2:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Franchisee of MAAC (Maya Academy of Advanced Cinematics) - Multimedia, 3D & VFX training institute in a prime location in Bangalore for takeover.
Franchise fee of 20% of collections paid to MAAC (Maya Academy of advanced cinematics), an APTECH enterprise. One of the six centers in Bangalore. Franchise fee of Rs. 11 lakhs paid for 5 years, currently started 3rd year of operations. Renewal fee is 25-30% of franchise fee. Courses range from 1 month to 24 months. 24 months course cost Rs. 2.48 laKhs.
Total costs including salary, rent, utilities, etc is around Rs. 1.28 lakhs/month and minimum billing is Rs. 4 lakhs/month.
Have 56 students in enrollment with 41 active students, rest are on long leave, exams, etc.
2 faculty who are hired and managed by MAAC with a pre-decided curriculum.
Multimedia, 3D animation & VFX education
2,000 sq ft wood furnished facility with 12 machines for students, 2 televisions, micro-room, etc.
Rent of Rs. 50,000/month and Advance amount paid of Rs. 3.75 laKhs (included in the asking price).
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Earlier than 15 daysTech Lead, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Real Estate Company, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGlobal Technology Director, Large IT Company, Seattle, Individual Investor / Buyer connected with the Business
