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Newly Established Coaching Centre Seeking Loan in Pune, India

Pune based coaching centre offering classes for high school students seeks funding to build a school.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 15 thousand
Run Rate Sales USD 23 thousand
EBITDA Margin 25 %
Industries Schools + 1 more
Locations  Pune
Local Time 9:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 900 thousand for 10.0% annual interest, 5 years (Native Currency: INR 70,000,000)
Reason: The loan will be used to acquire the 250,000 sq. ft. plot to set up the school. Also open to an equi... View More
Collateral Available: USD 0
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Business Overview

- We offer ICSE / CBSE syllabus based tuition programs for students in high school.

- Also offer Abacus classes and coaching programs in English and Mathematics.

- At present, we train nearly 200 students with around 150 students coming to our coaching center.

- We offer home-based classes for the remaining students.

- Only offer services to students in Pune.

- Intend to set up an international school with ICSE syllabus.

- Are yet to apply for the required approvals but have already identified a 250,000 sq. ft. plot to set up the school on.

- The loan raised will be used to acquire the land which in-turn will be offered as collateral to the investor.

- School can be set up and be operational within 2.5 years of securing the investment.

Products & Services Overview

ICSE / CBSE syllabus based tuition programs for students in high school, Abacus classes, coaching classes in English and Mathematics.

Facilities Overview

Leased facility of 1,000 sq. ft. in Pune. Monthly lease rent of INR 30,000.

Recent Activity
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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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