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School Seeking Loan in Bhabua, India

CBSE school in Bihar seek loan for development and expansion.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 175 thousand
EBITDA Margin 30 - 40 %
Industries Schools
Locations  Bhabua
Local Time 12:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 290 thousand for 10.0% annual interest, 10 years (Native Currency: INR 25,000,000)
Reason: We are planning on introducing classes 11 and 12 in our institute. We have already applied for CBSE ... View More
Collateral Available: USD 580 thousand
Includes physical assets worth USD 1.52 million
Interested to connect with advisors
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Business Name
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Business Overview
- CBSE board school with classes from nursery to 10th standard.
- We have been running this institute for almost 9+ years.
- School is on a 2-acre land which is owned by the institute.
- Have around 800+ students with us.
- In the upcoming days, we are planning to extend up to the 12th standard.
- We have applied for CBSE affiliation for the 11th and 12th standards.
- We are a team of 35 which includes both teaching and non-teaching staff.
- School also has collaboration with Bharat Scouts & Guides.
- We also have extracurricular activities such as music, dance, sports, and moral education to bring in holistic development.
- We already have an outstanding loan of INR 25 lakhs.
- This entity has a sole proprietorship.
Products & Services Overview
We are an educational institute, we have teaching facilities for students from preschool to 10th standard.
Very soon we will be starting classes for the 12th standard as well.
Assets Overview
Tangible:
- 2-acre land.
- School building.
- 12 school vans.
Intangible:
- Students.
- Certificates and licence.
Facilities Overview
- The school is built on 2 acres of land with a playground and an assembly ground.
- It is situated between NH 219 and Varanasi- Kolkata express line.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
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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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