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Playschool for Sale in Mumbai, India

Franchise of leading preschool and daycare and activity centre with 100 plus students in Kurla.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 94 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 30 - 40 %
Industries Playschools
Locations  Mumbai
Local Time 10:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 142 thousand (Native Currency: INR 12,000,000)
Reason: The owner wants to relocate to their native place and hence exit the present business. - Currently,... View More
Includes physical assets worth USD 29.5 thousand
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Business Overview
We have a consistent admission of 100-plus students.
Our franchise center has won the highest enrollment award winners from our franchise.
The center is among the top 4 preschool centers in Mumbai Suburbs.
We have tie-ups with 4 international schools within the city.
We offer abacus training and music lessons to daycare children.
Products & Services Overview
We are a franchise partner of India's leading preschool franchise brand, with over 21 years of experience, having a presence in 350+ cities.
We offer pre-primary programs like playgroup, nursery, junior kg, senior kg, daycare, and other activity centers.
Our daycare business is independent and not under the franchise. We receive a turnover of Rs 10 Lakhs from this alone with a total of 12 children.
Assets Overview
Tangible assets include all preschool furniture and equipment which are sourced from a high-quality American brand named Littletikes. It includes storage cabinets, playground equipment, toys, bean-shaped tables, chairs, and benches.
Intangibles include both the lease agreement and franchise contract which is paid for the next 2 years.
An amount of Rs 3.5 lakhs is paid to renew the franchise contract every 3 years.
Facilities Overview
There is a total of 2,000 sq ft of fully furnished Rental space in Kurla's prime real estate location, near Bandra Kurla Complex.
It is a 2-floor facility (Ground + Mezzanine set up). The rent paid is Rs 1,15,500 and the current rental agreement expires in 2 years.
The rooms are fully air-conditioned and have 4 classrooms, 1 kitchen, a reception area, a store room, and an indoor play area of around 450 Sq ft.
Each classroom has a seating capacity of up to 30 students, however abiding by the franchise's guidelines the school currently has 10-12 students and maintains a student-teacher ratio of 12:1 in each classroom.
Capitalization Overview
- Single owner with no outstanding loans or debts.
- All the running expenses are taken care of by the business itself.
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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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