Playschool Seeking Loan in Pune, India

Preschool wanting to develop further and buy land to start a primary school requires funds.

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 8 thousand
Run Rate Sales	USD 2.2 thousand
EBITDA Margin	15 %
Industries	Playschools
Locations	Pune
Local Time	10:27 AM Asia / Kolkata
Listed By	Management Member
Status	Moderately Active

5.7 / 10

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Seeking Loan

USD 24 thousand for 11.0% annual interest, 6 years (Native Currency: INR 2,000,000)

Reason: Require funds to purchase a small parcel of land where we can establish a primary school that caters... View More

Collateral Available: USD 0

Includes physical assets worth USD 1.8 thousand

Name, Phone, Email

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Business Name

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Business Overview

- Playschools caters to students of pre-nursery, nursery, and prep.

- The playschool was not operational due to covid and has resumed with online classes.

- Pre-covid, we had 38 students across three levels.

- We had made a name for ourselves and got students through parents' references and word of mouth.

- Have 10 enrolled students currently.

- Annual fees vary from INR 16,000 to INR 24,000 as per the class.

- Sole owner of the school and the school has no prior debt or loan.

- We started this venture to help society and wish to expand and teach primary school students as well.

Products & Services Overview

Teach classes for pre-nursery, nursery, and prep.

Assets Overview

Physical assets include the laptops we use for teaching the kids and the furniture in our pre-school.

Facilities Overview

Rented playschool space close to Tukai Nagar in Pune.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Senior Software Developer, Software, Greenwood, Individual Investor / Buyer connected with the Business

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