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Buy - Sell - Rent School Property

Operational Playschool For Sale In Nagole Hyderabad

1,600,000.00 Lac

Owner: Pranitha

Posted On: July 3, 2019, 12:24 p.m.

Viewed by - 148

Property Details

Running branded playschool operating for the past 2 years, located at alkapuri colony, Nagole,Hyderabad is for sale. The preschool is surrounded by residential and commercial area. Franchise was taken 2 years ago and needs to be renewed every 5 years. We pay 15% royalty per enrolment. The preschool has 45 students currently enrolled in preschool and can accommodate up to 100 kids comfortably. Per student average yearly fees is INR 28,000. We also run day care. Day care fees obtained per month is 8000. The preschool has a very good reputation in the area. The premise is on lease and monthly rent is INR 31,500. Total building area size is 3000 Sq ft.There are total 6 employees currently working in the preschool. Last year's turnover was INR 10 Lacs and the profit was INR 1 Lacs. This year turnover is INR 12 Lacs. The asking price of the business is INR 15 Lacs.

Property Type Operational School
Looking For Sell
Willing To Explore Not Applicable / Not Interested
Location Nagole
Address Road No 9b Alkapuri Colony, Nagole, Hyderabad
Additional Information We Also Run Pptc (Pre Primary Teachers Training Institute) In The Same Premises, And Fee Collected Is 8000 Per Head.
Availability Within 1 - 3 Months

Property Specifications

Type of School Play School
Affiliation Status None
School Name Iris Florets
Established 2018
Board to Affiliated to None
No of Students 45
Annual Tuition Fee (Average) 28000.0
Number Of Teaching Staff 3

Property Amenities

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