Playschool Seeking Loan in Vellore, India
Playschool business in Vellore offering nursery & kindergarten school with daycare and 45+ enrolled students.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 14 thousand |
| EBITDA Margin | 20 % |
| Industries | Playschools |
| Locations | Vellore |
| Local Time | 3:31 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.7 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 1,000,000)
Reason: Seeking funds to settle outstanding debts and expansion of facilities that can help boost up the bus...
View More
Collateral Available: USD 88 thousand
Includes physical assets worth
USD
11.7 thousand
Business Overview
- Nursery, kindergarten, and daycare facility, based in Vellore.
- Programs available are pre-KG, LKG, UKG, daycare, and after-school programs.
- Currently, we have 45+ enrolled students.
- Fee per student for nursery and kindergarten programs ranges between INR 40 to 50k, but since we have just started, the programs were offered at 50% for all students.
- For daycare, we charge INR 8k per month. We also provide hourly, and weekly charges.
- Excellent atmosphere for children filled with arts and colors.
- We have 12 permanent employees, which includes teachers, caretakers, and other non-teaching staff.
- Gained market in a short time and have the opportunity to expand.
Business locally and high possibility for franchise creation.
- Business has MSME and TN govt. registration for schools.
- Programs available are pre-KG, LKG, UKG, daycare, and after-school programs.
- Currently, we have 45+ enrolled students.
- Fee per student for nursery and kindergarten programs ranges between INR 40 to 50k, but since we have just started, the programs were offered at 50% for all students.
- For daycare, we charge INR 8k per month. We also provide hourly, and weekly charges.
- Excellent atmosphere for children filled with arts and colors.
- We have 12 permanent employees, which includes teachers, caretakers, and other non-teaching staff.
- Gained market in a short time and have the opportunity to expand.
Business locally and high possibility for franchise creation.
- Business has MSME and TN govt. registration for schools.
Products & Services Overview
Programs available are pre-KG, LKG, UKG, daycare, and after-school programs.Top selling is daycare, which contributes to the majority of the revenue.
Assets Overview
Physical assets include the interiors, exteriors, furniture set - up, air conditioner etc. Partitioned area with unique facilities for special care.
Facilities Overview
Rented facility of 2,700 sq ft area with air conditioned facility, located in Gandhi Nagar, Vellore.Rent is INR 40 k per month.
Capitalization Overview
Business turnover and other side business income.Have debt of about INR 10 lakh to repay and develop infrastructure.
There is 1 owner/director.
Recent Activity
-
Earlier than 15 daysPrincipal Solution Architect, IT, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDean, Education, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysBDM, Oil And Gas, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Childcare Center Seeking Loan in Vellore, India
·Newly Established Nursery School Seeking Loan in Vellore, India
·Newly Established Daycare Center Seeking Loan in Vellore, India
·Newly Established Kindergarten Seeking Loan in Vellore, India
·Lend to Newly Established Childcare Center in Vellore, India
·Newly Established Playschool Seeking Loan in Vellore, India
·Newly Established Preschool Seeking Loan in Vellore, India
·Lend to Newly Established Nursery School in Vellore, India
·Lend to Newly Established Daycare Center in Vellore, India
·Newly Established Playhome Seeking Loan in Vellore, India
·Lend to Newly Established Kindergarten in Vellore, India
·Lend to Newly Established Playschool in Vellore, India
·Lend to Newly Established Preschool in Vellore, India
·Lend to Newly Established Playhome in Vellore, India
·Newly Established Childcare Center Seeking Loan
·Newly Established Nursery School Seeking Loan
·Newly Established Daycare Center Seeking Loan
·Newly Established Kindergarten Seeking Loan
·Lend to Newly Established Childcare Center
·Newly Established Playschool Seeking Loan
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,000+ other businesses of all sizes.
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.
You might also be interested in these businesses