14-year old reputed hotel management institute for outright sale. Currently running 3-years B.Sc. degree course in Hotel Management of Punjab Technical University (approved by UGC, Government of India). Current student strength is 150 (50 per year).
The institute is located at Kolkata, India, and registered under West Bengal Societies Registration Act, 1961 since 1999.
It has very good reputation as a Hotel Management college/institution. It has a 100% success rate in placement of its graduates in top 5-star hotels in India and abroad.
Currently there are approximately 50 students per batch (year), total 150 students. Total course fees per student are Rs.1,86,000/- (USD 4,100).
Yearly turnover is more than Rs.93,00,000/- (USD 207,000).
Expenses per year are approximately Rs.58,00,000/- (USD 131,000).
Profit per year is approximately Rs.35,00,000/- (USD 76,000).
But this is with just one course.
With lots of unused resources (space and time), more courses can be introduced with very little increase in overheads, resulting in much higher profits.
Reason for sale is differences between directors.
Unconfirmed ranking is 4-5 among top hotel management institutes of Kolkata, India.