Profitable IT Educational Institute Franchise is looking for Working Partner OR Full exit

Listing ID: BB008267
Posted By: Third party
Last Active: 1+ year ago
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About Business

IT Education and Vocational Training Institute providing long term as well as short term courses.
Courses such as Bsc.IT, Hardware Networking, Python, IoT device training, etc

Clientele type

Provide 100 % job guaranteed IT Courses and Career Options to students

Premises

Rental Premises for 5 years located near Dadar, Mumbai.
It's 1000 sq.ft area with 2 labs containing seating capacity of 6 students in each lab.
Monthly Rent is INR 1.05 Lakhs and security deposit paid INR 5 Lakhs

Asking Price Includes

Furniture Fixtures, Rental Deposit, 20 PCs, Open for % stake as well

Reason

Relocation out of Mumbai for family reason so need a managing partner in Mumbai. Also, need to manage covid impact on fund flow

More Details

Owner is professional with techno-commercial experience including managing MNC businesses.
This is a very well-know franchise with 150+ centers in India.
Business is running with very good ROI, generating Net Profit of 20-25 Lakhs p.a.
They have paid Franchise fees of INR 10 Lakhs with Royalty standing 25% p.a. on gross income.
There are currently 180 students enrolled.
Each Bach is running for 2 hrs from Morning 7 am to 9 pm.
Owner is looking for a working partner as he is moving out of Mumbai but can visit every week/month for smooth functioning.
OR
Looking for full exit at INR 85 Lakhs

Business Tags

Good reputation Successfully Running Very High Profit Margins

₹10 to ₹200 Cr

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