School Seeking Loan in Hiriyuru, India

Trust running a franchise preschool, vocational training centre and primary school seeks loan for expansion.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 64 thousand
EBITDA Margin
38 %
Industries
Schools + 2 more
Locations
Local Time
7:57 AM India
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 130 thousand for 14.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: To construct a new building and expand the school.
Collateral Available: USD 90 thousand
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Pre-school, training center and primary school in Hiriyuru.

- Operations began 3 years ago as a franchise preschool then started vocational training and the primary school was started a few months back.

- Franchise for the preschool is valid for 3 years and it can be renewed after expiry. Franchisor charges monthly royalty.

- We have 63 kids in preschool, 8 students in vocational training and 22 students in primary school.

- We follow state syllabus for the primary school.

- As the vocational training and primary school were started recently, the majority of our revenue comes from preschool.

- Business owns the land, furniture, social media accounts and miscellaneous items.

Products & Services Overview

- Preschool for children aged 1-7 years.

- Vocational training for students having completed 10th standard. We offer training on teaching, how to operate a computer and spoken English.

- Primary school from 1st-5th std.

Facilities Overview
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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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