School Seeking Loan in Chennai, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Other |
Reported Sales | USD 180 thousand |
Run Rate Sales | USD 190 thousand |
EBITDA Margin | 20 % |
Industries | Schools |
Locations | Chennai |
Local Time | 6:56 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- IGCSE-affiliated school located in Chennai operating since 2011.
- School mainly concentrates on and teaches Islamic values to students.
- We have 300 enrolled students, 24 qualified teachers, and 10 staff members.
- We teach formal subjects with audio-visual aids and have extra-curricular activities like aerobics, martial arts, Karate, personality development, and public speaking.
- We are seeking a loan to establish a new branch of our school.
- The land of 1.6 acres has been acquired for this new branch.
- The entire business is owned by 3 shareholders. 33% stake is owned by a trust, whereas 50% and 17% are owned by two individuals.
- No pending bank loans.
LKG to 10th std with an academic program inculcating various extra-curricular activities, languages, sports, games and timely competitions.
Recently acquired land of 1.6 acres. The value per acre is about INR 4.375 crore. The total market value of the land is INR 7 crore.
The business also owns furniture and fixture, a website, and miscellaneous items.
- Property with 2,000 sqft carpet area in one of the trustee's names and we pay a nominal rent for that.
- The next planned construction is a 10,000 sqft built-up area on land of 1.6 acres.
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Earlier than 15 daysBranch Sales Manager, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, Education, Chennai, Corporate Investor / Buyer connected with the Business