School Seeking Loan in Chikmagalur, India
CBSE affiliated school run by a charitable trust, seeking funds to start 11th and 12th classes.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 210 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Schools |
| Locations | Chikmagalur |
| Local Time | 12:25 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
234 thousand
for
10.0%
annual interest,
10
years
(Native Currency: INR 20,000,000)
Reason: Seeking funds to start classes for 11th and 12th standard. Funds will be used for setting up additio...
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Collateral Available: USD 290 thousand
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- CBSE affiliated coed school with classes from 1st to 10th standard.
- School is in a residential area in Chikmaglur, and the property is owned by the trust.
- Classes were started last year and have 400 students currently enrolled.
- Have 10 classrooms, a science lab, math lab, computer lab, and a library.
- We have 13 teaching staff with 6+ years of average experience.
- We are seeking funds to start classes for 11th and 12th standard.
- Management team has over 15 years of experience in the field of education.
- We generated good growth for the current year due to new admissions which reflects in our run rate sales.
- Business owned assets include the facility, furniture, and school equipment.
- School is in a residential area in Chikmaglur, and the property is owned by the trust.
- Classes were started last year and have 400 students currently enrolled.
- Have 10 classrooms, a science lab, math lab, computer lab, and a library.
- We have 13 teaching staff with 6+ years of average experience.
- We are seeking funds to start classes for 11th and 12th standard.
- Management team has over 15 years of experience in the field of education.
- We generated good growth for the current year due to new admissions which reflects in our run rate sales.
- Business owned assets include the facility, furniture, and school equipment.
Products & Services Overview
CBSE school with classes from 1st to 10th standard.
Facilities Overview
2-floor school building on a trust-owned 2.4-acre land.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Education, Bangalore, Individual Investor / Buyer connected with the Business
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