School Seeking Loan in Vapi, India
CBSE School from LKG to 6th standard, seeks loans to build school on own premises.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 157 thousand |
| Run Rate Sales | USD 250 thousand |
| EBITDA Margin | 25 % |
| Industries | Schools |
| Locations | Vapi |
| Local Time | 2:20 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
314 thousand
for
9.0%
annual interest,
15
years
(Native Currency: INR 30,000,000)
Reason: Need funds to build own premises school building and infrastructure for the school.
Collateral Available: USD 210 thousand
Includes physical assets worth
USD
260 thousand
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Business Overview
- Profitably running a CBSE-board-approved school with a good market name in the education industry.
- We are currently having permission to run the playschool from the Play group to the 6th standard.
- The school has 310 students for the current academic year.
- Have 18 classrooms with 28 teachers and 7 helping staff.
- Provide extracurricular activities as per education guidelines.
- Have given out over 400 franchises pan-India.
- We have bought 2 acres of land to develop the school on our own premises. We are currently operating on rented premises.
- The company is a sole proprietorship and has a cash credit of INR 10 lakhs.
- We operate with a valid certificate from the state education department.
- We are currently having permission to run the playschool from the Play group to the 6th standard.
- The school has 310 students for the current academic year.
- Have 18 classrooms with 28 teachers and 7 helping staff.
- Provide extracurricular activities as per education guidelines.
- Have given out over 400 franchises pan-India.
- We have bought 2 acres of land to develop the school on our own premises. We are currently operating on rented premises.
- The company is a sole proprietorship and has a cash credit of INR 10 lakhs.
- We operate with a valid certificate from the state education department.
Products & Services Overview
CBSE board playschool providing extracurricular activities for kids from LKG to the 2nd standard.
Assets Overview
Tangible assets:- Land worth INR 2.3 crore.
- Furniture and fixtures of the school in the rented facility worth INR 20 lakh.
Facilities Overview
Operates from a three-floor built-up facility, with a monthly rental cost of INR 2 lakhs.We have bought 2 acres of land to develop the school on our own premises.
Capitalization Overview
- Sole proprietorship.- Cash credit of INR 10 lakhs.
Recent Activity
-
Founder, Mumbai, Financial Consultant connected with the Business
-
CEO, Visakhapatnam, Financial Consultant connected with the Business
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