Schools Seeking Loan in Chikmagalur

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School Seeking Loan in Chikmagalur, India

School with 350 students and 20+ teaching faculty seeks funding to construct a new building.
- School offers education from nursery to class V and PUC (Class XI & class XII with only commerce stream). - We have a total of 12 classrooms and it is spread on G+1 building. - Have a total of 350+ students, 20+ teaching faculty and a few non-teaching staff. - Due to COVID-19, our run rate sales have reduced and we currently conduct classes online. - We plan to construct a new school building on a land of 1 acre. We will acquire the land and have already paid an advance money to the landlord. - The target land is located just 400 meters away from our existing school. It is currently a vacant land. - We plan to construct G+2 floors building to add new classes i. e. class VI to class X and PUC (Science and arts stream).
School with 350 students and 20+ teaching faculty seeks funding to construct a new building.
6.5   Chikmagalur
Run Rate Sales
USD 100 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 270 K at 11%
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School Seeking Loan in Chikmagalur, India

CBSE affiliated school run by a charitable trust, seeking funds to start 11th and 12th classes.
- CBSE affiliated coed school with classes from 1st to 10th standard. - School is in a residential area in Chikmaglur, and the property is owned by the trust. - Classes were started last year and have 400 students currently enrolled. - Have 10 classrooms, a science lab, math lab, computer lab, and a library. - We have 13 teaching staff with 6+ years of average experience. - We are seeking funds to start classes for 11th and 12th standard. - Management team has over 15 years of experience in the field of education. - We generated good growth for the current year due to new admissions which reflects in our run rate sales. - Business owned assets include the facility, furniture, and school equipment.
6.3   Chikmagalur
Run Rate Sales
USD 250 thousand
EBITDA Margin
10 - 20 %
Business Loan
USD 270 K at 10%
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    There are 2 active and verified schools seeking loan in Chikmagalur listed on SMERGERS as of 15 January 2021.
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