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Listing ID: 1869 Total Viewed: 4

Cpe Registered Commercial School (Tanjong Pagar MRT) (Sold)

Central Area, Singapore

Asking Price : SGD200K - 500K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: SGD0

Established: 2003

Gross Profit: Not Disclosed

Inventory: SGD0***

Receivable: SGD80,000***

Owner Role: Investor

Net Profit: Not Disclosed

Liability: SGD0

FFE: SGD200,000

Staff: 4

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

***NOT included in asking price

Reason To Sell
Owner has other business committment
Business Description


* Walking distance to Tanjong Pagar MRT (Fully Sheltered)

* Near Food Centres

* Newly Renovated FSSD Premise, 4 classrooms

* State of Art Teaching Aid Equipments, Top grade Interior Designer Furnishing

* Partnership with Pearson LCCI to offer full range of LCCI course

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

 

Note: Pearson is the world's leading education company. From pre-school to high school, early learning to professional certification, our curriculum materials, multimedia learning tools and testing programmes help to educate millions of people worldwide. LCCI International Qualifications are awarded by Pearson Education Ltd.  An accredited Awarding Body providing vocational and professional qualifications around the world. Pearson is accredited by the UK qualifications regulator, the Office of Qualifications and Examinations Regulation (Ofqual), and many regulatory bodies and Ministries of Education around the world recognise LCCI International Qualifications. (source: Pearson LCCI website)

 

Seller's Financing available for eligible buyers, subject to buyer's credit profile / experience. Not to be missed opportunity !

 

Receivables consist of students' deposits ($80K)

Rent & Deposits: ~$10K/pm / 3 months deposit

Utilities: Electricity Charges payable to Landlord / Water charges included in rental

Business Operations
Business Hour:
Mon to Fri, 9am to 10pm
Preferred Skills:
"Fit & Proper" criteria defined by CPE/regulatory body.
Supporting and Training:
Management Handover (Optional, subject to nego)
Staff:
2 Local, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
2174sqft
Rental Fee:
SGD10,000
Rental Deposit:
SGD28,000 (included in selling price)
Lease Term:
Balance 1.5 yrs + Option to Renew
Premises Detai:
Newly renovated. Grade A1 furnishings. FSSD Certificate, 4 classrooms (53 students capacity) Reception Counter with Corporate Branding frontage Library Room with Computers for Students' Use Large Meeting Room for Students' discussions Staff Room and Manager Office IT Computer Server Room
Other Information
Facilities:
State of Art Teaching Aids (Interactive Flat Panels) Movable partion wall to expand 4 classrooms to hold bigger lectures. Copiers & Computers for Staff use. 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 LCCI course offerings and introduce new in-house course; (2) Introduce WSQ/SkillFuture Credit eligible courses; or (3) Partner with established foreign education institutes with foreign education system.
Seller Financing Available:
Yes

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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