School Seeking Loan in Ramnagar, India
|Run Rate Sales||USD 180 thousand|
|EBITDA Margin||30 %|
|Local Time||10:14 PM India|
|Listed By||Management Member|
- Our school is affiliated with the CBSE Board and is run by a diligent educational society.
- Classes are conducted from pre-primary to 12th standard and offer science and commerce at the senior secondary level.
- The school is located on the outskirts of Ramnagar the city is known as the gateway of Corbet National Park and is surrounded by nature and agricultural lands.
- We have enrolled over 550+ students currently and have hired over 31 teaching staff and 8 non-teaching staff. Some of the staff are on a contract or part-time basis. We have 16 permanent staff members.
- Owing to the lock-down that was imposed due to the ongoing pandemic, all the classes are being conducted online. Around 40% of the students have paid their tuition fees and we plan to recover at least 80% of the outstanding fee collection amount once the school reopens.
- The average tuition fee per student is INR 2,150. Fees are collected on a quarterly basis.
- We have over 22 fully equipped classrooms, two offices, and a staffroom. Besides that, some facilities available in the school are 3 playgrounds (the largest playground has an area of 100 x 80 meters), an outdoor badminton court, well-decorated outdoor activities area (30 x 20meters) a library (7,000 books), and a computer lab (16 Windows OS computers).
- The business has an outstanding debt of around INR 80 lakh in bank loans. We pay a monthly interest of around INR 1 lakh on the loan. Besides that, the promoter has also borrowed some funds from private sources.
- Despite the ongoing pandemic, we have received over 50 new admissions.
Our school is affiliated with the CBSE board with classes offered from pre-primary to 12th standard. Offering science and commerce stream at the senior secondary level.
The built-up infrastructure of the school which includes 4 buildings and a cash balance of INR 3 crore. We also own 5 large school buses.
Earlier than 15 daysDirector, Medical, Delhi, Individual Investor / Buyer connected with this business
Earlier than 15 daysBusiness Consultant, Technology & Capital Solutions, Hyderabad, Corporate Investor / Buyer accepted business proposal
Earlier than 15 daysDirector, Technology, Kolkata, Corporate Investor / Buyer connected with this business