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Playschool Seeking Loan in Pune, India

Preschool with a strength of 60 in Pune seeks funds for expanding to CBSE school.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 30 %
Industries Playschools
Locations  Pune
Local Time 3:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 120 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: We are seeking unsecured loan to start the formal school as business expansion for our existing pres... View More
Collateral Available: USD 60 thousand
Includes physical assets worth USD 24 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Owner has 10 years of experience in school consultancy, assisting over 100 schools in India.

- Successfully operating a preschool with a student population of 60.

- We are looking to start formal school with proposed CBSE board with more grades.

- Seeking an investor with an interest and belief in the education industry to join as a partner.

- Owner is a proficient administrator and marketer with expertise in school approvals, establishment, and management.

- Committed to devoting 100% of time to maximize the business's potential.

- Employing 11 teachers to manage demand.

- Currently operating as a franchisee of a renowned brand.

- Paid INR 6 lakhs as a brand fee; no additional royalties are paid.

Products & Services Overview

Preschool with a strength of 60 in Pune, Maharashtra.

Assets Overview

Current business is started with own funds. Need investment for new school.

Facilities Overview

School is running in a 3,000 Sq ft commercial property. New school will come up on long leased private plot, as per state govt & CBSE requirement.

We pay a rent of INR 40k per month for preschool property.

Capitalization Overview

Business is started with Own funds.

Sole owner.

Self funded operations.

No loans or debts. Proposal for new formal school will be lucrative as we will have natural admissions from preschool to formal school.

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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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