Sale of Moulya Gurukul School,Bangalore district

As per your advertisement, I am briefing about the sale of above school. 
I wish to bring to your kind notice, that,I have been engaged by the Chairman of the school, to prepare a project/valuation report of the above school, in Anekal Town.I am attaching the report  for your perusal.
 All the details are given in the report. However, I am also furnishing in brief, following information.. The school is located in Anekal town, about 1.K.M.from bus stand and very near to Electronic City, with good potential growth. The Karnataka State Housing Board has acquired about 2000 acres of land and is  developing Asia's largest housing complex. land is in chairman and his wife's name and has been converted for non agricultural purpose. The documents have clear marketable titles. Copies of documents and other details will be given if the proposal is acceptable.
​ There are about 400​
 children at present, in various classes from preschool to 10th standard.Approval for conducting CBSE curriculum has been obtained. The turnover during the year ending 31-3-2017 is stated to be around Rs.150 lakhs, and has just breakeven-even. The school is professionally managed with a highly qualified principal and Vice Principal and 20 no’s well trained teaching staff and 20 non-teaching staff, which includes administrative staff, drivers, peons, gardeners and drivers.

The school is in the third year of operation. There are 16 class rooms in ground and first floor, excluding Lab,Staff room. Each class room has about ​20 students.The school has about 7 buses of 32 seater capacity.There is an open Am phi theater to accommodate 500 persons.The promoters have not disturbed about 30 coconut and mango trees, and have provided excellent land scaping with lawns, roads etc.

 I request you to let me know of your views,​and interest,​The promoters are quoting about Rs.14crores, which is marginally negotiable. We can also arrange a term loan of rs.5 crores from bank.on the assets.The reason for selling is due to the fact that, the Chairman is already running an International residential school, in Electronic City, with 1500 students. He is not able to fully concentrate on this school, hence, he has decided to sell..I request you to kindly forward the report to some of your clients, who may be interested in buying the school. .

I am from: 
My Role: 
Interested in: 
Deal Value: 
Founded in: 
Number of Employees: 
Revenues (USD): 
2lakhs USD
Reasons for Sale / M&A / Fund Raising: 
Promoters are running another big school with 1500 students.Thus unable to manage both the schools

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