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Training Institute for Sale in Chennai, India

Company providing NDT Training and Certification and doing Flawed specimen manufacturing.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Training Institutes
Locations  Chennai
Local Time 10:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.77 million (Native Currency: INR 150,000,000)
Reason: Promoter wants to shift to another venture.
Includes physical assets worth USD 1.77 million
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Business Overview
- Started our institute as a British Institute of Non-Destructive Testing (BINDT) which is approved by Approved Training Organization & Authorised Qualifying Body.
- Have trained and certified approx 2,500- 3,000 candidates in various disciplines and levels.
- After having successfully operated under BINDT brand for over 7 years, we planned to become an Independent Certifying Body (CB) and achieved the same in March 2018.
- The company was awarded accreditation by IAS (International Accreditation Society) post meeting meticulous system audits.
- Since we moved from BINDT banner to an Independent Certifying Body (CB) it took us some time and because of that the company was not generating any revenues for the last two years.
- Apart from our training and certification segment, we are also pioneers in the field of manufacturing flawed specimens the monopoly of which was previously held only by two international companies.
- Majority of the revenue is generated from the training division.
- Promoters have more than a decade of industry experience.
Products & Services Overview
- ISO 17024 Accredited ISO 9712 Complying NDT Certification.
- World class Flawed Specimen manufacturer.
Facilities Overview
Land Area -5,300 Sq Ft. Built-up area 12,600 square feet.
This is our own building.
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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