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Playschool Seeking Loan in Doha, Qatar

Nursery school providing childcare and educational services to children within age of 4 seeks loan.

Established 10-20 year(s)
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 %
Industries Playschools
Locations  Doha
Local Time 12:59 PM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 800 thousand for 10.0% annual interest, 10 years (Native Currency: QAR 3,000,000)
Reason: We are seeking a loan to settle the existing loan, settle outstanding dues and redecorate. We will a... View More
Collateral Available: USD 440 thousand
Includes physical assets worth USD 22 thousand
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Business Overview

- 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.

Products & Services Overview

We provide child care and playschool services to children between the age group of 1 to 4 years.

Assets Overview

The physical assets that we own are computers, furniture and children play grounds.

Facilities Overview

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.

Capitalization Overview
Not Disclosed
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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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