School Seeking Loan in Narsinghgarh, India
A metric standard school that has 500 students and stopped operations seven years ago.
| Established | 30-40 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Schools |
| Locations | Narsinghgarh |
| Local Time | 12:49 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
21 thousand
for
13.0%
annual interest,
6
years
(Native Currency: INR 2,000,000)
Reason: To renovate the school and restart the operations.
We will start paying interest once we start gene...
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Collateral Available: USD 0
Includes physical assets worth
USD
26.6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The school was located in Bhopal Pura and catered to students from nursery to metric (high school) level.
- It was affiliated with the Madhya Pradesh board of education, ensuring standardized curriculum and certification.
- The school had a total strength of around 500 students, indicating a strong community presence.
- Prior to its closure in 2018, the school generated a yearly turnover of approximately INR 20 lakhs.
- It operated as a mixed medium institution, offering instruction in both English and Hindi to accommodate diverse student needs.
- The school provided a practical and performance-based educational environment, receiving an average grading of 'B' based on student performance.
- Business had an education board license.
- Physical assets include immovable asset which is part of the operations and expansion plans.
- It was affiliated with the Madhya Pradesh board of education, ensuring standardized curriculum and certification.
- The school had a total strength of around 500 students, indicating a strong community presence.
- Prior to its closure in 2018, the school generated a yearly turnover of approximately INR 20 lakhs.
- It operated as a mixed medium institution, offering instruction in both English and Hindi to accommodate diverse student needs.
- The school provided a practical and performance-based educational environment, receiving an average grading of 'B' based on student performance.
- Business had an education board license.
- Physical assets include immovable asset which is part of the operations and expansion plans.
Products & Services Overview
It was a school affiliated with the Madhya Pradesh board for teaching the Metric standard.Had students from nursery to metric (high school)
Assets Overview
Land, building, staff table and chairs, students' table and benches, computers, and some practical equipment.
Facilities Overview
1,500 sqft owned space with 2 floor building.
Capitalization Overview
It is a sole proprietorship business.We are clear financially but students owe us around ₹6 lakhs, which has almost been waived, as we had no options to recover.
Recent Activity
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Earlier than 15 daysSales Manager, Insurance, Alirajpur, Individual Investor / Buyer connected with the Business
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1 Investor contacted this Business this month.
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