Small School Seeking Loan in Kulgam, India

School offering classes from playgroup-5th grade with 65 students enrolled on 9,000 square feet property.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.3 thousand
Run Rate Sales USD 5.6 thousand
EBITDA Margin Nil
Industries Schools
Locations  Kulgam
Local Time 8:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 7.0% annual interest, 5 years (Native Currency: INR 5,100,000)
Reason: Need funding for marketing and renovations. There is high scope for business growth.
Collateral Available: USD 70 thousand
Includes physical assets worth USD 400 thousand
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Business Name
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Business Overview

- We provide classes from nursery till senior kindergarten currently and are registered to provide classes till the 5th grade. We are upgrading our registration to provide classes till the 8th grade.

- Have 65 students enrolled currently.

- The school has 6 classrooms and we have hired 6 teachers and 2 non teaching staff members. We also have 1 PE trainer.

- Have accepted 25 students this year.

- Our students pay INR 1,000/monthly on average. The school has drinking water facility.

- We have one outdoor and indoor play-area of 3,000 square feet, drinking water facilities, a color lab and a phonic lab.

- The school physically reopened recently and we have the infrastructure to provide online classes.

- We were franchise partners to a popular chain of pre-schools but we have terminated our agreement with them due to a lack of support on their behalf and failed promises. This was one of the reasons why our business had a slow start in the previous year. Now, the business is in a healthy condition to grow once again and generate profits.

Products & Services Overview

Provide classes from playgroup till 5th grade.

Assets Overview

The entire school property along with all of its infrastructure. This includes the mini-swings, slides and jungle gym in the outdoors play area as well as the indoors color lab with multiple coloring books, toys crayon and other stationary. We also have 3 laptops available.

Facilities Overview

The school has a ground area of 9,000 square feet and a built-up area of 2,000 square feet. It is owned by the business.

Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with this business
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