Listing IDSL000473 Asking PriceRs. 2 Crore - 5 Crore Last Year TurnoverRs. 7,000,000 Verification Status Pending

Business Details

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.

Total Views496 Buyers Contacted4
Reason For SaleExpansion at National level. Even after Sale, promoters will wish to continue working with the organization.
EBITDAAvailable on request Last Years Gross ProfitRs. 3,600,000
IndustryEducation Sub IndustryCoaching, Tutoring Service & Training Institute
StateMaharashtra CityPune
Company TypePrivate Limited Started in NA
Employees1-10 Employees Listing created byOwner

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