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Playschool for Sale in Bangalore, India

For Sale: Franchisee of a well-known day care & preschool located in Bannerghatta main road.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 9.4 thousand
Run Rate Sales USD 7.1 thousand
EBITDA Margin 10 %
Industries Playschools
Locations  Bangalore
Local Time 2:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 9.4 thousand (Native Currency: INR 800,000)
Reason: Due to COVID-19 and government decision, we are not looking to continue the business.
Includes physical assets worth USD 9.4 thousand
Interested to connect with advisors
Documents
Students - 1
Students - 2
Business Overview
- We are an established pre-school with a Montessori centric curriculum.
- We stopped our operations due to the government directive of COVID-19 after the last batch graduating in March of last year.
- Currently we are providing online classes and have 5 students enrolled for the same.
- We have always had around 20-25 students enrolled YoY.
- Our teacher to students ratio is 1:10.
- School has had excellent feedback from parents on their ward's overall development and growth due to our curriculum and teaching methodologies.
- Potential to grow and expand with more focus on additional offerings such as day care, after school activities, teacher's training institute and franchise offerings.
- There is no royalty payable to the franchisor.
- The franchise agreement is for 10 years, out of which 8 years are still remaining. The agreement can be renewed post this period.
- Revenue has reduced due to COVID-19.
- Buyer would receive Montessori materials, indoor & outdoor play area equipment, office & school furniture, day care setup, audio & video equipment, and website.
Products & Services Overview
Provide Montessori education (pre-Mont, Mont I, Mont II and Mont III) and day care.
Assets Overview
Office & classroom furniture, play items and CCTV.
Facilities Overview
Playschool located in prime location in Arekere and located in a residential area. Property is rented and has an area of 2,200 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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