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Small School Seeking Loan in Ayapakkam, India

School providing education for UKG & LKG standard and has 30 enrolled kids in the batch.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 9 thousand
Run Rate Sales USD 10 thousand
EBITDA Margin Nil
Industries Schools
Locations  Ayapakkam
Local Time 7:02 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 11.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: - Advertising our school to on-board new students. - Construction of additional classrooms. - Sett... View More
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Business Overview

We have 30 enrolled kids in the batch and currently provide education for UKG and LKG standard only. However, our school has the permission to provide education till 5th standard by following CBSE syllabus. Have 5 teaching staff.

Have 12 classrooms in total but using only using 3 classrooms since we only have 30 students right now. After raising funds, we would advertise and on-board new students till 5th standard. The funds will also be used for constructing 10 additional classrooms.

The current 12 classrooms are spread on ground and first floor. We have taken the premises on a 10 year lease and have permission from the landlord to construct additional floors to increase the number of classrooms.

Business owned assets include furniture and ACs installed at all the 12 classrooms.

Products & Services Overview

We currently provide education for UKG & LKG standards only. Have permission to provide education till 5th standards by following CBSE syllabus.

Facilities Overview

Total area is of 7,000 sq ft which is spread on ground and first floor. Have taken the facility on rent for 10 years.

Capitalization Overview
Not Disclosed
Recent Activity
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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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