IndiaBizForSale.com, a premium discovery platform for business exit and acquisitions in India has again made its mark with another successful closure of an acquisition deal. A Delhi based coaching institute with 2 centres in the city has been taken over for Rs. 55 Lacs.
The business owner (business seller) has been engaged in coaching for IIT and medical entrance exams for over 6 years now. According to the seller, IndiaBizForSale.com connected the owner with more than 6 genuine prospective buyers with whom the deal went to its advanced stages. The business seller says, “I have been facing health issues since a few months and hence I am unable to dedicate enough time to my business. As a reason, I thought of selling it to someone who understands the business well and has the capability to take it further. I was talking to 6 investors from different geographic locations and professional backgrounds. We tried to understand each buyers potential to grow this business and finally closed the deal”

On this transaction, Mr.Rajib Biswas- Director, Delhi-based investor says, “We have been exploring opportunities since a few years now and finalized this deal after careful due-diligence. This institute matched all our major criteria and the financial seemed appealing”. Talking further with him on his expansion plans, Mr. Biswas mentioned, “We have plans to takeover another 5 coaching centres of IIT-JEE-MEDICAL within South Delhi, Noida and Greater Noida, in next 3-5 years. We are also looking for bargain deals to acquire at least couple of schools in Delhi NCR.”

For IndiaBizForSale.com, this is another achievement this year. Since the full launch of the portal on 23rd January 2014, the company has already sold 2 businesses and has further 3 deals at its advanced stages. Currently, the website has more than 290 real businesses for sale or investment and more than 400 investors in search of specific business opportunities for investment. The website offers expert promotional services to its premium clients who receives 3 times more responses than its standard clients.

IndiaBizForSale.com is India focused premium discovery platform for business buyers and sellers to meet and provide them an excellent opportunity to search for business to sell or buy in order to make successful deals. The company is engaged in facilitating SMEs to acquire or invest or lease through effective listing using their proven methods. This cost-efficient and secure platform provides exclusive business opportunities for sale to investors and buyers that generate quick responses without spending huge amount on advertising or hiring a consultant or a broker.