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School Seeking Loan in Mangaon, India

CBSE school in Raigad having 50 students, seeking funds to further develop the school.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 7 - 8 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 35 %
Industries Schools
Locations  Mangaon
Local Time 11:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 117 thousand for Undisclosed annual interest, 10 years (Native Currency: INR 10,000,000)
Reason: The loan will be used to further construct the building and furniture and fixture and related equipm... View More
Collateral Available: USD 176 thousand
Includes physical assets worth USD 117 thousand
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Business Overview
- A business operating a school, based in Thane, Maharashtra.
- This is a CBSE school for KG to grade 5. Expect to have 30 new students for the new year.
- We have 50 students enrolled with us.
- Currently have 10 teachers at the school.
- Average fee per student is Rs. 15,000 per year.
- We are looking to further develop the school in order to accommodate more students.
- Once construction is completed, we will be able to accommodate 1,000 students. We expect to finish construction by next year.
- We will be introducing classes from 6th-12th once building is renovated.
- We will also be developing facilities such as playground and swimming pool.
- The educational trust that operates this school also runs a computer training institute. Investment will be only for the school and not for the computer training institute.
- Operations began late last year, hence we did not generate much revenue for the previous year.
Products & Services Overview
CBSE school having classes from KG - grade 5.
Assets Overview
Physical assets include land, building and interior setup.
Facilities Overview
The land is owned by the business and has an area of 2 acres. The built up area of the school is 2,000 Sq. Ft.
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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