School Seeking Loan in Lormi, India
Locally well-known school in Mungeli district seeks a loan to expand infrastructure and increase enrolment.
| Established | 30-40 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 4 - 5 lakh |
| Run Rate Sales | INR 6 lakh |
| EBITDA Margin | 10 - 20 % |
| Industries | Schools |
| Locations | Lormi |
| Local Time | 8:38 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
INR
15 lakh
for
8.0%
annual interest,
8
years
(Native Currency: INR 1,500,000)
Reason: We require at least INR 15 lakh to:
1. Fund the school renovation.
2. Expand and construct 10 more...
View More
Collateral Available: INR 0
Includes physical assets worth
INR
7 lakh
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- School for teaching students from classes I to X.
- Each batch has 22-25 students and the total enrolment is 225 students.
- We teach the Chattisgarh Board syllabus.
- The school has 5 rooms and conducts classes in morning and evening batches.
- Fees are collected monthly, quarterly, or at the end of the year.
- Our school is famous in the district and students from 8-10 surrounding villages come to study here as well.
- There is only one owner of the land and building.
- We do not have any prior loans.
- The transaction is being handled by an individual related to the school principal.
- Each batch has 22-25 students and the total enrolment is 225 students.
- We teach the Chattisgarh Board syllabus.
- The school has 5 rooms and conducts classes in morning and evening batches.
- Fees are collected monthly, quarterly, or at the end of the year.
- Our school is famous in the district and students from 8-10 surrounding villages come to study here as well.
- There is only one owner of the land and building.
- We do not have any prior loans.
- The transaction is being handled by an individual related to the school principal.
Products & Services Overview
We teach the Chattisgarh Board syllabus to students of classes I to X.
Assets Overview
The school is built on a land plot of 27 bismils, valued at INR 1 lakh/bismil.The school building and classroom furniture are roughly valued at around INR 7 lakh.
The land is worth INR 27 lakh and is owned by a trust after whom the school is named.
Facilities Overview
The school is located on 27 bismils of land, the school building consists of 5 rooms and 1 assembly hall.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the 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
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 123,000+ other businesses of all sizes.
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