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Listing Id: 1188 Last Refreshed: 07/05/2019 Total Views: 7094

(Expired)IT Services Company-Corporate Training Venue,Training,Software Development

KarnatakaComputer TrainingSoftware Design and Development
Asking Price: 1M - 5M
  • Premise Type N/A Premise Size
  • Monthly Rental ₹136,000 Rental Desposit ₹1,100,000***
  • Revenue ₹200K - 500K Liability N/A
  • Gross Profit ₹100K - 200K Net Profit ₹50K - 100K
  • Stock ₹70*** FFE ₹3,500,000***
  • Payable N/A Receivable INR3,200,000***
  • Owner Role Full Time Staff 32
  • Established 2009 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price
Ahmed

Reason For Sale

Migrating to Australia

Description

SIIPL is a private limited - Bangalore based IT service providing company with excellence in IT consulting, Software Development, Training Infrastructure and Resourcing firm.

Our name reflects our passionate endeavor to provide quality solutions to the Information Technology industry.

With a phenomenal reach to a large population of IT professionals at every level within any organization, our focus is global and diverse. WE ARE
•The single most preferred training solution providers (classroom and online) for the giants that rule the Information Technology sector
•The source for reliable and productive HR consultancy that follows stringent quality standards, exceptional resource capabilities and a consistent record of delivering solutions to clients on schedule.
•The creators of industry ready professionals who identify and nurture the right talent pool for the IT organizations. WE BELIEVE IN •Providing effective Learning solutions to organizations in the technical and non-technical domains
•Creating value for our customers by our experience in blended learning that cut across domains and technologies.
•Innovating the process of learning to create individuals who are technically competent to face the industry challenges.
•Delivering the right information to clients at break neck speed with low costs, while keeping abreast with the numerous technologies that we specialize in. SOME FACTS ABOUT US •We were born in the year 2004 and since then we have been getting stronger and better by the hour
•Headquartered in the Silicon Valley of India- Bengaluru
•We have a great TEAM comprising of technical specialists, experienced consultants, Subject matter experts, industry advisers and young minds
•A mix of exemplary expertise and fresh ideas.

Business Operation

9am to 8pm
Business Hour
4250 sq.ft. of fully utilized space area with 4 training audiotoriums/classrooms of 70 seater, 30 seater,25 seater & 20 seater, with another 6 5 seater classrooms along with a cousellor rooms with a DG and 100% power backup and security systems. It is equipped with 70 systems all i3/i7 with 8GB expandable to 24/32GB RAM with 500 GB HDD all IBM systems fully operational
Facilities
We have a very high demand for the class-room or the training venues. As of now we are going with 100% full capacity block completely till Jan,15.
Competition
It depends on the business capabilities of the overtaking company. It has lots of potential as we complete the complete IT Business starting from College Campus recruitment,Induction Training, Training Venue/Infrastructure, Resourcing/placements & Application Development. So, anyone who takesover has wider horizons and unlimited potential for expansion of the Business. We are partnering with SAP, ORACLE and Toefl.
Expansion Potential
Complete handholding for about 3 months from the date of takeover
Support and Training
Anyone with a decent business sense is sufficient, IT skills will be an advantage as the entire business structure is based on IT.
Background & Skills

Property Information

Rent
Premise Status
5 years Fixed
Lease Term
4250 sq.ft. of fully utilized space area with 4 training audiotoriums/classrooms of 70 seater, 30 seater,25 seater & 20 seater, with another 6 5 seater classrooms along with a cousellor rooms with a DG and 100% power backup and security systems. It is equipped with 70 systems all i3/i7 with 8GB expandable to 24/32GB RAM with 500 GB HDD all IBM systems fully operational. This is a running business with excellent clientele and testimonials with a very great track record.
Premises Details
Yes, it can relocate to other place
Relocatable

Supporting Document

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