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Playschool Seeking Loan in Hubballi, India

Pre-school and day care center in Hubballi, having 93 enrolled kids and 15 staff members.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36 thousand
Run Rate Sales USD 44 thousand
EBITDA Margin 20 %
Industries Playschools
Locations  Hubballi
Local Time 9:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: We need to identify a land to set up and construct a pre-school and to help expand our business by e... View More
Collateral Available: USD 1.8 thousand
Includes physical assets worth USD 30 thousand
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Business Overview

- A pre-school and day care center based in Hubballi, Karnataka that has been operating since 2012.

- We are operating franchise pre-school of a well established pre-school brand.

- Have 93 kids enrolled with us. This also includes children enrolled at the day care center.

- We have a total of 15 staff members. This includes both teaching and non-teaching staff.

- There are 4 class rooms and a playground.

- The franchise agreement is renewable every year.

- To Stabilize the current preschool financially.

- Acquire land of 5,000+ Sq Ft, build our own facility which will have a pre-school and nursery.

- We aim to have a capacity of 300+ kids in the new facility.

- Our future plans include setting up a full fledged school from nursery to grade 12 under our own brand.

Looking for partners to support currently and future expansions.

Products & Services Overview

Pre-school and nursery center based in Hubballi.

Facilities Overview

The preschool is rented and and has an area of 2,800 Sq. Ft.

Looking to set up own premises in an area of 5,000 Sq. Ft.

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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