Profitable Pre School and Day Care in South Bangalore for Sale or Partnership

Listing ID: SL005299
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

The Pre School and Day care center was started in 2016 in Bangalore, Karnataka. It is located in an area with a fairly large number of residents and not too many schools in the vicinity. The preschool has an excellent reputation and goodwill in the market. The preschool premise area is 2,000 sq.ft. with monthly rent of INR 30,000. The preschool has paid INR 2 lakhs as security deposit to the building owner. The preschool has Day care, Playgroup, Nursery, L.KG, Sr.KG. The preschool has 6 classrooms, Outdoor play area and assets like furniture, equipment, fully functional kitchen, CCTV setup. Presently they are 30 students in Preschool and 12 children in Day care. On an average 19 new students are admitted every year. The Preschool fees range is INR 50,000- INR 60,000 per student. There are total 5 employees including 3 teachers. The owner is ready for full sale or work in partnership. The owner can work on partnership in (60%-80%) and the equity stake will be proportionate to investment amount. The last net profit is INR 7 lakhs.
The last year turnover was INR 20 lakhs. The asking price for sale is INR 30 lakhs. (Slightly Negotiable)

Reason

Moving Abroad

Keywords

₹10 to ₹200 Cr

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