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Training Institute Seeking Loan in Adelaide, Australia

Registered educational charity, tax-exempt senior high school and vocational training provider seeks loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Training Institutes
Locations  Adelaide
Local Time 7:51 AM Australia / Darwin
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6.5 million for 10.0% annual interest, 5 years (Native Currency: AUD 10,000,000)
Reason: New project startup, purchase of property, additional buildings to host the college activities and p... View More
Collateral Available: USD 6.5 million
Includes physical assets worth USD 5.2 thousand
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Business Overview
- We are a registered private collegiate community yet to start operations with membership by invitation after an interview.
- Focus on training students of age group 16-24 by providing them various courses. It includes courses like first aid, boat licensing & training, and class cruise programs among others.
- We provide the added benefit of a secure base to leave home and enter a family vacation resort-style learning environment. It is a smooth transition to community college vocational certificates or diplomas, guaranteeing a more immediate term income.
- We plan to start operations as soon as we finish registration as a school that requires finance.
- The promoter of this project is a registered teacher with more than 30 years of experience. Part of his teaching work was to assist teachers in taking students on school camps. Later, he set up a school camp package business with a registered charity and serviced approximately 3,000 students per year in that business.
Products & Services Overview
Education and training of age group 16 to 24 specializing in tourism, hospitality, cookery, and care services. We are particularly interested in the exceptional young people who have not found success in the traditional schools.
Assets Overview
We own minor plant and equipment and are negotiating over acquiring a property (see photo).
Facilities Overview
We need venture capital to secure a long-term lease or purchase a building suitable for use as a residential college. We have found a motel that was built around 30 years ago in an ideal beach holiday town and has all the required facilities to also be used as a school.
Capitalization Overview
Not Disclosed
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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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