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College Seeking Loan in Bangalore, India

Bangalore based education society that operates a school, B-Ed college and regular degree college.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 50 - 100
Legal Entity Other
Reported Sales USD 340 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 40 %
Industries Schools + 1 more
Locations  Bangalore
Local Time 3:03 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 2.4 million for 6.0% annual interest, 8 years (Native Currency: INR 180,000,000)
Reason: Business has an outstanding loan from a private bank of Rs. 12 crore that we are looking to clear.
Collateral Available: USD 2.7 million
Includes physical assets worth USD 6.5 million
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Business Overview

- The regular college was started last year and we currently only offer a B-Com degree.

- The school and colleges are all on the same property.

- The school is CBSE affiliated and has classes from KG-12th grade.

- There 350 students currently enrolled in the school, and 300 students for pre-university.

- For the B-Ed college we have 100 students enrolled, and for the regular college we have 28 students enrolled.

- There are a total of 40 teaching and 20 non-teaching staff.

- Both the colleges are affiliated to Bangalore University.

- Revenue has reduced due to covid.

Products & Services Overview

CBSE school from KG-12th, B-Ed college, B-Com college.

Assets Overview

Building, interior setup and furniture and busses.

Facilities Overview

Total land area is 42,000 Sq. Ft. and is on lease from BDA. The property is 60,000 Sq. Ft. built up over basement + ground + 3 floors.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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