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Newly Established Language Center Seeking Loan in Muscat, Oman

Business aims to deliver the best standard of English education seeks funds to start operations.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Language Centers
Locations  Muscat
Local Time 4:44 PM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 89 lakh for 13.0% annual interest, 2 years (Native Currency: OMR 40,000)
Reason: To kick start the business idea and start operations.
Collateral Available: INR 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The company intends to introduce a new approach to extra English tuition that is both affordable and aligned with the school curriculum.
- We plan to onboard upto 300 students aged from 5-12 years in the beginning.
- First 2 years of business will focus heavily on branding, building reputation and marketing. Will start the expansion process after 2 years.
- An introductory offer will be available to promote sales.
- Promoter is stuck in the UK due to the pandemic and would start the operations as soon as she goes back to Muscat.
- Business is not yet incorporated and will be registered soon.
Products & Services Overview
We plan to offer a new approach to extra English tuition at an affordable, fixed monthly cost in alignment with the school curriculum.
Assets Overview
This is a new business idea looking for funding as a result there are no assets.
Facilities Overview
Facility would be no larger than 250 to 300 squared meters in space and will be in a prime location that is easily accessible and convenient such as a shopping mall. Will have parking facilities and would be on ground floor level.
Capitalization Overview
Not Disclosed
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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