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School Seeking Loan in Navi Mumbai, India

State Board School with 388 enrolled students seeking loan to construct a CBSE school.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 120 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 40 %
Industries Schools
Locations  Navi Mumbai
Local Time 11:48 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 360 thousand for 14.0% annual interest, 8 years (Native Currency: INR 30,000,000)
Reason: Construction of a new building and infrastructure for CBSE school.
Collateral Available: USD 360 thousand
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Documents
Business Overview

- Well established school in Mumbai, operating since 2013.

- School is affiliated to Maharashtra State Secondary & Higher Secondary Education Board.

- At present, 388 students are enrolled and we are growing every year.

- Have 17 teachers, 4 maidservants and 2 office staff.

- Over the years, our school has achieved several milestones and has established as an affordable quality education provider.

- We are currently running classes from 1st to 7th standard.

- Have approval from the state board for up to 12th standard (arts / trade / science).

- We are now looking to raise loan for construction of our new campus for CBSE school up to 10th standard.

- Land is already acquired and construction would start in 3 months. We aim to complete it in 12- 15 months and start the academic session in the same year.

- Our assets include furniture, office equipment, license, students database.

- Promoter has more than 6 years of experience in this field.

Products & Services Overview

State Board School from 1st to 7th standard and will expand up to 12th.

Facilities Overview

Current school is leased. Proposed school built up area will be 35,000 sq ft. Ground + 4 floor.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Individual Advisor, Mumbai, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Co Founder, Pune, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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