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Listing ID: 2304 Total Viewed: 2943

Commercial School For Takeover

Central Area, Singapore

Asking Price : SGD98,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2003

Gross Profit: Not Disclosed

Inventory: SGD0***

Receivable: SGD50,000***

Owner Role: Investor

Net Profit: Not Disclosed

Liability: SGD0***

FFE: Not Disclosed

Staff: 3

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Focus on other business
Business Description

ERF validity expire to July, 2016

Newly Renovated Premise, 4 classrooms, 1 meeting room, 1 library, and office

Modern Equipment( Interactive whiteboard), Printers, Computers

Partnership with Pearson, offering LCCI course

* In-house Diploma / Advanced Diploma programs with internal teaching staff & existing student base

2 minutes’ walking distance to MRT 


Business Operations
Business Hour:
Mon to Fri, 9am to 6pm
Preferred Skills:
"Fit & Proper" criteria defined by CPE/regulatory body
Supporting and Training:
Management Handover
Staff:
3 Local
Property Information
Premise Status:
Rent
Premise Size:
202sqm
Rental Fee:
SGD10,000
Rental Deposit:
SGD29,000 (NOT included in selling price)
Lease Term:
to Oct,2017 + renew
Premises Detai:
1,Newly renovated, modern furnishings.  2,FSSD Certificate, 4 classrooms 3,Reception Counter with Branding frontage  4,Library Room 5,Large Meeting Room 6,Staff and Manager Office
Other Information
Facilities:
1,Art Teaching Aids (Interactive whiteboards)  2,Movable partion wall to expand 4 classrooms to hold bigger lectures.  3,Copiers & Computers for Staff use.  4,Water Dispenser
Competition:
Ever increasing stringent regulatory rules imposed by CPE, new entrants will find it increasingly difficult to obtain new license from CPE. Registration process for a new private school typically takes several months (FSSD certificate, CPE application) before it can commence operation.
Expansion Potential:
Subject to regulatory approval, the buyer may consider:  1,Expand the new registered in-house course for maid and hotel staff; 2,Expand the LCCI course and Practical English Program; 3,Expand Corporate training; 4,Introduce WSQ/Skill Future Credit eligible courses; 5,Partner with established foreign education institutes with foreign education system.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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