Playschool Seeking Loan in Doha, Qatar
|Employees||50 - 100|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 50 - 60 thousand|
|Run Rate Sales||USD 440 thousand|
|EBITDA Margin||20 - 30 %|
|Local Time||12:59 PM Asia / Qatar|
|Listed By||Business Owner / Director|
- Company involved in providing child care services in form of basic education.
- We provide childcare to a child from the age of 1 to 4 years.
- Promoters have two entities with common shareholders.
- We have a total of 100 registered children and around 20 teachers in each nursery/entity.
- Promoters have experience of more than 10 years in this sector.
- We are getting a lot of admissions this year as the Covid-19 situation has been better and are expecting to have a good sale by the end of this year.
- Our business is seeking a long-term loan for settling the existing loan and redecorating our operating area.
- Business is operating in Abu Dhabi.
We provide child care and playschool services to children between the age group of 1 to 4 years.
The physical assets that we own are computers, furniture and children play grounds.
We are operating on two separated villas with a built-up area of 1,200 square meters each. Both the properties are rented at QAR 2,200 per month.