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Language Center Seeking Loan in Buenos Aires, Argentina

Adaptation and development club for Russian-speaking children with an average monthly enrollment of 40-50.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 132 thousand
Run Rate Sales USD 168 thousand
EBITDA Margin 14 %
Industries Playschools + 1 more
Locations  Buenos Aires
Local Time 1:05 AM America / Argentina / Buenos Aires
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 20 thousand for 25.0% annual interest, 3 years (Native Currency: USD 20,000)
Reason: Seeking funds to rent a room suitable for a kids club, further renovate it and obtain permission to ... View More
Collateral Available: USD 5 thousand
Includes physical assets worth USD 2 thousand
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Business Name
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Business Overview
- Adaptation and development club for Russian-speaking children.
- The business offers a full-day program of activities as well as a flexible option for those who want to attend for 3-4 hours per day.
- The clientele includes Russian tourists staying for 2-3 months, who do not attend Argentine schools or kindergartens, as well as bilingual children from Argentine families who wish to preserve the Russian language.
- The business has created a Russian-speaking environment with all classes held in Russian and Russian-speaking teachers. Additionally, provides Spanish and English lessons as well.
- Average monthly enrollment is 40-50 children for age groups between 1 to 7 years.
- The average duration of enrollment is 3 months, with the flexibility for shorter or longer durations, ranging from a week to over 1 month.
- The company charges USD 350/550 per month for the services.
Products & Services Overview
Russian classes for children for age groups between 1 to 7 years offering a full-day program of activities as well as a flexible option for those who want to attend for 3-4 hours per day.
The clientele includes Russian tourists staying for 2-3 months, who do not attend Argentine schools or kindergartens, as well as bilingual children from Argentine families who wish to preserve the Russian education.
Assets Overview
Furniture, air conditioners, heaters, books, and other teaching equipment.
Facilities Overview
Currently operating from a rented facility in calle Guatemala, Palermo, Buenos Aires.
Now, have identified a house that can be rented for the club. It is located in Palermo, it has 3 floors, the first floor is on the ground floor (this is suitable for renovation).
Capitalization Overview
Business is self-funded.
No outstanding loans.
There is 1 owner, holding 100% shares in the business.
Now looking for an investor.
Recent Activity
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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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