- February 25, 2024
- 33 Views
Business Overview
– School that is offering education from nursery to 5th standard.
– We are running a franchise of a school brand since last year. The franchise agreement is valid for a lifetime and is transferable to the buyer.
– We pay a royalty of INR 2,000 per student per year to the franchisor.
– The school has 15 students enrolled and the fees are collected on a monthly basis.
– We have a total of 4 classrooms and 3 big halls in our school.
– The curriculum is provided to us by the franchisor.
– Our business is running at break-even as we had just started out our operations last year and currently we can only manage our operational expenses.
– The business has 2 owners with equal ownership and the business does not have any loan or overdue.
Products & Services Overview
Offering education for students in nursery to standard 5th.
Assets Overview
Kids play tool and equipment, furniture for 100 students, and classrooms interiors.
Facilities Overview
We have a 2 storeyed rented property located in good area. The area covered is 5,000 sq. ft. The monthly rent paid is INR 15,000. The lease is transferable to the buyer.
Capitalization Overview
Not Disclosed