Need help?

School Seeking Loan in Bengaluru, India

School with 2 branches, 1300 students, seeking a loan to finance acquisition of new branch.

Established 20-30 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 395 thousand
Run Rate Sales USD 570 thousand
EBITDA Margin 20 %
Industries Schools
Locations  Bengaluru
Local Time 6:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 56 thousand for 12.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: Our EBITDA has been reinvested to acquire a new school in JP Nagar, Bangalore. We are short of INR 5... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.13 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The business operates two schools, one in Kolar and another in Bangalore.
- It provides education from kindergarten to 10th grade.
- Both schools also offer after-school activities such as animation, aviation, and abacus.
- Together, the two schools serve around 1,300 students.
- The business holds MSME registration and recognition from the Karnataka state government as a state board school.
Products & Services Overview
The institution’s core services include education from kindergarten to 10th grade, coaching, and after-school activities.
Assets Overview
- Tangible assets include owned land and buildings, furniture and fixtures, teaching supplies, and school materials.
- Intangible assets include MSME registration and government recognition for the state board.
Facilities Overview
- We own the land and buildings of both schools.
- The Bangalore school spans 10,000 sq. ft. and has 32 classrooms.
- The Kolar school spans 12,000 sq. ft. and has 26 classrooms.
Capitalization Overview
The business is structured as a general partnership with outstanding loans of INR 1.2 crore.
Recent Activity
  • 5 days, 2 hours ago
    Independent Advisors, Delhi, Business Broker connected with the Business
  • Earlier than 15 days
    Owner, Chennai, Accounting Firm connected with the Business
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
1 Investor contacted this Business this week. Register below to connect now!
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
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more