Newly Established Playschool Seeking Loan in Vellore, India

- Nursery, kindergarten, and daycare facility, based in Vellore.

- Programs available are pre-KG, LKG, UKG, daycare, and after-school programs.

- Currently, we have 45+ enrolled students.

- Fee per student for nursery and kindergarten programs ranges between INR 40 to 50k, but since we have just started, the programs were offered at 50% for all students.

- For daycare, we charge INR 8k per month. We also provide hourly, and weekly charges.

- Excellent atmosphere for children filled with arts and colors.

- We have 12 permanent employees, which includes teachers, caretakers, and other non-teaching staff.

- Gained market in a short time and have the opportunity to expand.

Business locally and high possibility for franchise creation.

- Business has MSME and TN govt. registration for schools.

Programs available are pre-KG, LKG, UKG, daycare, and after-school programs.

Top selling is daycare, which contributes to the majority of the revenue.

Physical assets include the interiors, exteriors, furniture set - up, air conditioner etc. Partitioned area with unique facilities for special care.

Rented facility of 2,700 sq ft area with air conditioned facility, located in Gandhi Nagar, Vellore.

Rent is INR 40 k per month.

Business turnover and other side business income.

Have debt of about INR 10 lakh to repay and develop infrastructure.

There is 1 owner/director.