A profitable Journals/Books Subscription Business for Higher Education Colleges & Universities For Sale in Delhi
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A fantastic opportunity to enter or expand in the 80 Billion USD education industry in India. This business has been successfully providing books and journals to some of the top higher educational institutes, colleges and universities since 12+ years. The clientele includes some of the most renowned institutes, listed as the top 5 colleges in India from scientific, technical, medical and management streams. While the business is spread all across the country, majority of their clients come from Maharashtra, Gujarat, Rajasthan, Uttar Pradesh and South India. Recently, the business has started selling books on one of the biggest e-commerce platforms from which it is making average weekly sales of Rs. 2 lakhs. The business has contacts with over 70 Indian and international publishers and distributors. Profit margin for books varies from anywhere between 30% - 50% and for journals it ranges around 10-12% (depending on the subscription amount). The business has developed a software which is one of their biggest assets. This software manages their orders, quotations, transactions, invoices etc. for smooth running of the business. Average turnover of last 5 years is between Rs. 1.5 and 2 Crores. With some investment in personnel and financial resources, there is a huge potential to grow the business 5 to 10 times. The other channel of sales through e-commerce portals seems to be lucrative with good earning scope. The owner wants to sell the business to raise funds for personal reasons. Asking Price: Rs. 2.5 Crores (Negotiable)
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