Products/Service

A highly reputable North India based coaching centre for IIT-JEE and Medical Entrances has established itself in more than 13 locations in North India covering Chandigarh, Punjab, Haryana, Himachal Pradesh and Jammu & Kashmir. The company was established in 1998 as a sole proprietorship firm and later registered as a Pvt. Ltd. company in 2001. Currently, the company has 12 franchises including centres with physical teacher and virtual classrooms. There are a few upcoming centres for next academic session. The main centre is built up on 10,000 Sqft. area. Other franchise locations on 3000-4000 Sqft. The revenue in 2013-14: ₹ 4 Crores. Looking for investment to expand or completely exit. Expansion plans: (1) Virtual classroom program in schools (2) Start junior competitive school (11th and 12th standard) in Himachal Pradesh (3) Developing an online test preparation portal. Investment Amount for either option: ₹ 5 Crores.

Reason

We want to diversify and even have plans to settle in the US