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Playschool Seeking Loan in Hiriyuru, India

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

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 24 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 38 %
Industries Schools + 2 more
Locations  Hiriyuru
Local Time 8:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 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 80 thousand
Includes physical assets worth USD 80 thousand
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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

Rented 38,000 sq ft facility for preschool, vocational training and primary school.

Have owned 4.5-acre land, 10 km away from the existing facility where we are planning to construct a new building.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Negeri Sembilan, Commercial Real Estate Broker connected with the Business
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