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Playschool Seeking Loan in Coimbatore, India

Franchise of a well-known preschool in Tamil Nadu seeks funds to start operations.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Playschools
Locations  Coimbatore
Local Time 9:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5 thousand for 20.0% annual interest, 2 years (Native Currency: INR 400,000)
Reason: To pay for the facility advance and rent.
Collateral Available: USD 2.4 thousand
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
Documents
Business Overview

- We have taken a franchise of a well-known playschool that has its reach across India.

- The teaching concept is UK based and no particular curriculum.

- Franchise company was nominated for the startup business award given by The Economic Times.

- Franchise validity is 5 years and it can be renewed post expiry.

- Faculty members are ready to join once the place is finalized.

- We have already purchased furniture, materials, books and have done uniform designs.

- Promoter is a Montessori teacher trainer and has more than 5 years of experience in this field.

Products & Services Overview

We plan to offer Day Care, Play School, PreKG, LKG, UKG.

Facilities Overview

Have 1,000 sqft rented office at Sundarapuram.

Looking for a suitable place to start the playschool.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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