School Seeking Loan in Chikmagalur, India

CBSE affiliated school run by a charitable trust, seeking funds to start 11th and 12th classes.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 240 thousand
EBITDA Margin 10 - 20 %
Industries Schools
Locations  Chikmagalur
Local Time 4:49 AM Tamil Nadu
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 270 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 340 thousand
Includes physical assets worth USD 340 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
Recent Activity
  • Earlier than 15 days
    Director, Delhi, Financial Advisor connected with this business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more