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Training Institute Seeking Loan in Thane, India

Provider of driving training, testing and vehicle inspection with more than 150 monthly students enrolled.
This transaction has concluded.

Established 50-60 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 66 thousand
Run Rate Sales USD 66 thousand
EBITDA Margin 15 %
Industries Training Institutes
Locations  Thane
Local Time 12:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 5 million for 10.0% annual interest, 10 years (Native Currency: INR 400,000,000)
Reason: Require finance to start up new project where we would do vehicle inspection and RTO activities.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
Business Overview

- We are a driving school that conducts training, testing and vehicle inspection.

- Conduct driving education, refresher courses, road safety courses, driving test, inspection of vehicles.

- We train around 150 students per month and have 8 experienced trainers.

- Promoters have been operating the business since 1974 and have vast experience in RTO related work with respect to licence and vehicle registration.

- Owner is also associated closely with the Maharashtra State Motor Driving School Owners Association and has a good working relationship with the RTO department.

- Have a grade 'A' certificate from RTO Thane and we are an ISO certified school.

Products & Services Overview

Driving Education, Refresher Courses, Advance driving training course, Driving Test, Sports vehicle Racing, Vehicle Inspection.

Facilities Overview

7 Acres land on lease for 30 years.

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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