Email
Phone
Google
LinkedIn
Facebook
Product / Service
A profitable Competitive Exam Institute in Pune is looking to get acquired by a big player for aggressive expansion. The institute has its head office in Swargate and 2 franchise centres in Yerwada and Chinchwad. The business started a little less than 2 years back with an investment of Rs. 3 Lacs only and has grown big quickly. Currently there are 2100 students enrolled and 12-13 faculty members. Last year’s turnover was Rs. 70 Lacs. Areas of each institute: Head Office – 1500 Sqft; Centre 1: 800 Sqft and Centre 2: 1500 Sqft. Rent Amount for H/O: Rs. 60,000. The promoters are very well experienced in this industry and wish to expand the business to more than 20 centres in India. The promoters are looking for: (1) 100% acquisition or (2) JV with a company from education industry. The promoters wish to remain as the part of the business even after acquisition / JV. Asking Price for complete acquisition: Rs. 5.48 Cr.
Reason
Expansion at National level. Even after Sale, promoters will wish to continue working with the organization.
Business Tags
Keywords
You may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get connected. This allows you to gain access to contact details of opportunity in exchange with your details.
Please note, getting contact detail of a business is called an introduction and each membership plan has different introduction credits. If you do not have any introduction credit in your account, you can neither connect nor get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor. After which, our team checks the information for completeness, language and accuracy. Once the basic checks are met; only then the opportunity is published.
We also get users feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation, business plan documents, franchise expansion plan at a fee. Contact sales team for more details on your requirements.
Click here to see how it works
