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Playschool Seeking Loan in Bengaluru, India

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

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 91 thousand
Run Rate Sales USD 96 thousand
EBITDA Margin 25 %
Industries Playschools
Locations  Bengaluru
Local Time 5:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 69 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 170 thousand
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Business Name
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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
The 2 pre-schools are rented and have an area of 3,500 Sq. Ft. each. The third has an area of 1.5 acres of land and taken on a 30 year lease.
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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