1. Businesses
  2. Education
  3. Karnataka
  4. Mandya
  5. SL003427
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Profitable School for Sale at Mandya

Listing ID: SL003427
Posted By: Owner
Last Active: 1+ year ago
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About Business

This profitable school was established in 2002 at Pandavapura in Mandya district. It has classes from Kindergarten to 8th Standard. It is affiliated to Karnataka state board. It is located at an excellent location and has a close proximity to National Highway.
The area of the premises is 52000 sq. ft which is owned by the promoter. This is a single storeyed school with 16 classrooms. More than 320 students are currently enrolled in this school. It is equipped with a small computer lab. They have their own transformer and borewell as well.
The revenue of the last financial year is INR 50 Lakhs with a profit of more than INR 15 Lakhs. Since the promoter is busy with his other venture, he is looking to sell or lease this out. They are willing to lease this out for INR 8 Lakhs per year with an advance amount of INR 10 Lakhs. The lease period should not be less than 10 years. The Asking price for complete sale is INR 4.5Cr(Negotiable)

Reason

Busy with other venture

Keywords

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Business Tags

Good area of Land Good customer base Good Location Government Affiliated

₹10 to ₹200 Cr

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