Profitable IT Educational Institute Franchise is looking for Working Partner OR Full exit
Product / Service
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
Other 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
Keywords
Business Tags
₹10 to ₹200 Cr
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