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Newly Established Sports Coaching Company Seeking Loan in Seoul, South Korea

Academy for schooling and field hockey coaching based in Seoul seeks funds to start operations.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Schools + 1 more
Locations  Seoul
Local Time 11:33 AM Asia / Seoul
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 5.6 million for 4.0% annual interest, 20 years (Native Currency: KRW 8,000,000,000)
Reason: Seeking funds to start this elite education and athletic institute, the idea of which has previously... View More
Collateral Available: USD 0
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Business Overview

- This is an unregistered company and the idea we have has never been tried in Korea before.

- Sole aim of providing UK-based education and top-level field hockey coaching to produce future Olympians and elite athletes.

- We are targeting students of age category 8 to 15.

- Education would be provided under the state board and field hockey coaching would be provided by a premier league coach.

- Idea and business concept have been developed by the promoter, and we are seeking funds to conceptualize our idea into reality.

- All business activities are expected to commence upon receiving funds, starting with the company's registration.

- Promoter has 17 years of experience in this field and is the sole promoter of this project.

- We do not have any outstanding loan/debt, this would be our first attempt at seeking funds for the business.

Products & Services Overview

Private school for primary education and elite hockey coaching for students.

Assets Overview

We do not have any assets, seeking funds to setup the school and acquire necessary assets.

Facilities Overview

We have shortlisted some locations to build a water-based hockey pitch and a 4 floored school, need funds to move the project forward.

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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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