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    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 220 thousand
    EBITDA Margin 10 - 20 %
    Industries Schools
    Locations  Chikmagalur
    Local Time 1:13 AM Asia / Kolkata
    Listed By Management Member
    Status Moderately Active
    Overall Rating
    5.8 / 10
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    Seeking Loan
    USD 240 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... View More
    Collateral Available: USD 300 thousand
    Includes physical assets worth USD 300 thousand
    Interested to connect with advisors
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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.

    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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    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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