School Seeking Loan in Sasaram, India
School certified by the Bihar Board and 430 students enrolled needs loan to construct building.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 50 - 60 thousand |
| Run Rate Sales | USD 50 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Schools |
| Locations | Sasaram |
| Local Time | 5:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
104 thousand
for
12.0%
annual interest,
15
years
(Native Currency: INR 9,000,000)
Reason: Need funds to construct a new building.
Collateral Available: USD 116 thousand
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
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Business Name
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Documents
Trust Deed
(260.3 KB)
Business Overview
- The proposed business involves running a standard school in the local area.
- The school has 16 teachers hired on a contract basis.
- Approximately 430 students are enrolled, and the focus is on maintaining discipline.
- The school has a staff comprising 4 teachers, 5 administrative personnel, and 1 principal.
- It is certified by the Bihar board, ensuring the quality of education.
- The promoter of the school has more than 6 years of experience in the field.
- The goal of the business is to foster education and contribute to the community's growth.
- Our sales have declined this year as we shifted our focus towards new business ventures.
- The school has 16 teachers hired on a contract basis.
- Approximately 430 students are enrolled, and the focus is on maintaining discipline.
- The school has a staff comprising 4 teachers, 5 administrative personnel, and 1 principal.
- It is certified by the Bihar board, ensuring the quality of education.
- The promoter of the school has more than 6 years of experience in the field.
- The goal of the business is to foster education and contribute to the community's growth.
- Our sales have declined this year as we shifted our focus towards new business ventures.
Products & Services Overview
- Offering education from Nursery through 8th grade.- Curriculum aligned with the Bihar Board's standards.
Assets Overview
Assets:Although the land is leased, we have built the superstructure.
Furniture, fixtures and equipment.
Since our assets are illiquid, we need funds for expansion.
Facilities Overview
- The business operates on leased land spanning 2.5 acres.- There are 43 years remaining on the land lease agreement in Sasaram.
- The monthly rent for the leased land is set at INR 8,000.
Capitalization Overview
- Currently, the school has no outstanding loans or debts.- Solely financed by the school's income.
- The school is governed by a board of trustees consisting of three members, with one serving as the chairman.
Recent Activity
-
Earlier than 15 daysBusiness Development, India, Financial Consultant connected with the Business
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