Educational Startup Business for Sale with Website and Mobile Application in Maharashtra

Listing ID: SL003429
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

The Running business started in the year 2014. The company connects schools and parents via Moblie application and Web site. The company provides paid services to school and allow parents to use it for free. There are 16 schools who have opted for all 17 features. The company charges INR 1 Lac per annum for all 17 features. They have a total of 40 schools on board out of which 20 have taken all our features, 12 have taken some of the features (On Fremium Basis) and rest 8 schools are on trial basis.The product is mature and stable, we have an avg of 4.6 rating on play store with over 35000 active users.Out of the total pool of 40 schools they have total of 35,000 users (Parents) using the app on a daily basis for an average of 17 mins a day time spent. There are total 11 employees working in the company. The promoter has developed two other applications which are under process, one is for Government of Maharashtra(Educational Purpose) and second for parents use. The business is highly profitable and last year's turnover was INR 18 Lacs. The asking price of existing business with clients and user is INR 60 Lacs.

Reason

Due to other commitments of the promoters, moving out of Nasik and setting up offices across multiple cities is not possible.

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Business Tags

Large Number of Users Profitable unique product

₹10 to ₹200 Cr

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