Playschool Seeking Loan in Bangalore, India

Business operating 2 pre-schools in Bangalore require funds to construct a new 1-10th ICSE school.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 110 thousand
EBITDA Margin
25 %
Industries
Locations
Local Time
9:03 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 80 thousand for 14.0% annual interest, 10 years (Native Currency: INR 6,000,000)
Reason: For construction of the new pre-school.
Collateral Available: USD 0
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Business operating 2 pre-schools based in Bangalore.

- We are currently working on developing a new ICSE school.

- All 3 schools are located in Electronic City.

- Currently have a total of 250 students enrolled and there are 20 teachers.

- The new school has an area of 1.5 acres of land and taken on a 30 year lease.

- We expect construction to be completed in 6 months.

- Physical assets include interior set up of the pre-schools, equipment and furniture.

Products & Services Overview

Pre-school in Bangalore offering - play group, nursery, lkg, ukg, daycare, after school activity.

Facilities Overview
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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