Playschool Seeking Loan in Chennai, India
Montessori schools with 36 children, located in a residential area, seeks funding to start a new branch.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 17.4 thousand |
| Run Rate Sales | USD 18.8 thousand |
| EBITDA Margin | 25 % |
| Industries | Playschools |
| Locations | Chennai |
| Local Time | 6:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23 thousand
for
12.0%
annual interest,
7
years
(Native Currency: INR 2,000,000)
Reason: Open a new branch in a residential area which would be approx 10 kms away from our current unit.
Collateral Available: USD 23 thousand
Includes physical assets worth
USD
21 thousand
Business Overview
The Montessori school is located in a residential area in Chennai, operating with 36 enrolled kids and 3 teaching staff. Founder has 10 years of experience in this industry and our curriculum is well designed to engage kids with fun and creative activities.
Seeking funds to start a new branch which would be approx 10 kms away from the current unit. The proposed unit will be also in a residential area and we have already identified a few residential villas & individual houses but are yet to enter into a rental agreement. After raising funds, we would finalize the rental property and set up the interiors & facilities.
Since our school is located in a residential area, all students are from the nearby area. We do not have a school van. Business owned assets include play equipment and Montessori setup.
Seeking funds to start a new branch which would be approx 10 kms away from the current unit. The proposed unit will be also in a residential area and we have already identified a few residential villas & individual houses but are yet to enter into a rental agreement. After raising funds, we would finalize the rental property and set up the interiors & facilities.
Since our school is located in a residential area, all students are from the nearby area. We do not have a school van. Business owned assets include play equipment and Montessori setup.
Products & Services Overview
Day care and trips to park.
Facilities Overview
- The current unit is built on a total of 2,400 sq ft area spread on 2 floors. It's on rent.- The new unit will also have a minimum carpet area of 2,000 sq ft and it will be inside a villa or an individual house. This facility will also be taken on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Business Consulting, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, Engineered Industrial Systems And Biotechnology, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, Lighting, Pune, Individual Investor / Buyer connected with the Business
Tags:
Childcare Center Seeking Loan in Chennai, India
·Nursery School Seeking Loan in Chennai, India
·Daycare Center Seeking Loan in Chennai, India
·Kindergarten Seeking Loan in Chennai, India
·Lend to Childcare Center in Chennai, India
·Playschool Seeking Loan in Chennai, India
·Preschool Seeking Loan in Chennai, India
·Lend to Nursery School in Chennai, India
·Lend to Daycare Center in Chennai, India
·Playhome Seeking Loan in Chennai, India
·Childcare Center Seeking Loan in Madras
·Lend to Kindergarten in Chennai, India
·Nursery School Seeking Loan in Madras
·Daycare Center Seeking Loan in Madras
·Lend to Playschool in Chennai, India
·Kindergarten Seeking Loan in Madras
·Lend to Preschool in Chennai, India
·Lend to Playhome in Chennai, India
·Lend to Childcare Center in Madras
·Playschool Seeking Loan in Madras
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