School Seeking Loan in Chikmagalur, India
|Employees||10 - 50|
|Reported Sales||USD 120 thousand|
|Run Rate Sales||USD 100 thousand|
|EBITDA Margin||30 - 40 %|
|Local Time||10:14 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- School offers education from nursery to class V and PUC (Class XI & class XII with only commerce stream).
- We have a total of 12 classrooms and it is spread on G+1 building.
- Have a total of 350+ students, 20+ teaching faculty and a few non-teaching staff.
- Due to COVID-19, our run rate sales have reduced and we currently conduct classes online.
- We plan to construct a new school building on a land of 1 acre. We will acquire the land and have already paid an advance money to the landlord.
- The target land is located just 400 meters away from our existing school. It is currently a vacant land.
- We plan to construct G+2 floors building to add new classes i. e. class VI to class X and PUC (Science and arts stream).
Current: Classes from nursery to class V and PUC (Class XI & class XII with only commerce stream)
Plan: Plan to add new classes from class VI to class X and PUC (Science and arts stream)
20 computers, 2 buses and multiple furniture.
Current facility: Leased land of 1.5 acres.
New / target facility: We will acquire a land of 1 acre which is located just 400 meters away from our existing school.
Earlier than 15 daysDirector, Education, Bangalore, Individual Investor / Buyer connected with the Business