house for sale 400 Gaz running school Gulshan-e-Iqbal Block 4A
PKR 7 Crore
Gulshan-e-Iqbal - Block 4A, Gulshan-e-Iqbal
16 Marla
10 Beds
6 Baths
Gulshan-e-Iqbal - Block 4A, Gulshan-e-Iqbal
PKR 7 Crore
16 Marla
10 Beds
6 Baths
•For Sale•Updated 25 days ago
Description
400sq yards corner bunglow, ground+1 floor, behind Bilal masjid. Abul Hassan asphahani road, gulshan e iqbal block 4A.
It is a leased bunglow. Housing aprox 19-20 rooms. From pre primary (3 classes) UpTo matric classes. Including a reception area, principal's chamber, a canteen, 7-9 washrooms, a lab, 5 hall/auditoriums.
Pupil strength is aprox 275-300.
Our tution fees approved by Sindh education department is 3500rs.
Our registration with the board in under renewal with the written fees of 5000rs. If not approved by the department it will be reduced to 4500rs.
A certain number of students are studying for free of cost. So the monthly turnover of the fees of the school is 750000-800000 fee collection.
Annual charges is charged, enrollment charges for board exams are an exception. Not shown in the transparency.
Besides, the vendors, book seller uniform and stationary pay us 100,000rs-100,000rs per anum. Making it to 200,000-250,000rs.
A certain income is generated through theeans of vendors or the enrollment charges is separate from the monthly fees + annual fee.
All the collection is deposited in our bank account and than the paychecks are made to the staff.
Principal's, teachers, administrator, janitor staff and other people hired and the utilities are paid accordingly and their amount sums up to 300,000-350000rs. All is under transparency.
Looking at the above details our goodwill stands
Either the value of the property or the goodwill of the school.
Property demand 6.5 crore
Goodwill 1 crore
In total 7.5crore
Offer required.
*Net income 5 lac*
The school is licenced under the tax bearers. Board of revenue + fbr.