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School Assets for Lease in Bangalore, India

For Lease: Bangalore based English school with classes from nursery to 10th standard.

Ownership Duration 30-40 year(s)
Industries Schools
Locations  Bangalore
Local Time 1:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 15.2 thousand (Native Currency: INR 1,300,000)
Reason: We are involved in other businesses and are unable to manage this school. Therefore, we are looking ... View More
Interested to connect with advisors
Documents
Assets Description
- Bangalore-based English private school.
- Our school is a 25-year-old school.
- We have classes from nursery to 10th standard.
- Our school is affiliated with the Karnataka State Board.
- We have a total of 100+ students.
- Every month on average, 4-5 new students get admitted to our school.
- We used to provide a transport facility for our students, but due to Covid, we have currently stopped it.
- At present, students have online classes.
- Offline classes will resume after the pandemic.
- All the teachers that we have onboarded are on a contract basis.
- The physical assets that we own are the property.
With a built-up area of 4,000 sq. ft land and 5,200 sq. ft. building, 14 rooms, tables, chairs, boards, and all other school stagings.
- We are willing to lease out our school for 12 years.
- We are looking to lease out our business to someone who is passionate about the educational industry.
- Initially, the buyer will have to pay 10% of the total amount to lease out and after that every month they have to pay approximately INR 1 lakh for 12 years.
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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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