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School Seeking Loan in Ermelo, South Africa

Education institution in Ermelo, South Africa having 80 students and 10 teachers.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 11 thousand
Run Rate Sales USD 13 thousand
EBITDA Margin 15 %
Industries Schools
Locations  Ermelo
Local Time 6:18 AM Africa / Johannesburg
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 530 thousand for 12.0% annual interest, 10 years (Native Currency: ZAR 10,000,000)
Reason: To move into a larger property.
Collateral Available: USD 530 thousand
Includes physical assets worth USD 800 thousand
Business Overview

- An educational institution based in Ermelo, South Africa.

- We follow the curriculum set by The Independent Examinations Board (IEB)

- Have classes from elementary till grade 12.

- Have 80 students currently enrolled with us. There are 10 teachers.

- There are 8 class rooms, 1 art room, 1 science lab, 1 computer lab, 1 art studio and a play ground.

- We are looking to move into a larger rented building in the same city. Funds will be used for the same.

- Physical assets include interior setup, furniture and equipment.

Products & Services Overview

Education institution having classes from elementary-grade 12, following IEB curriculum, 8 class rooms, 1 art room, 1 science lab, 1 computer lab, 1 art studio and a play ground.

Facilities Overview

Property is rented and has an area of 8,000 Sq. meters.

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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