Singapore  Singapore

Sell a Business

Listing ID: 461 Last Refreshed: 07/05/2019 Total Views: 20305

Cpe Registered School For Sale

Central Area

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size 1000sqft
  • Monthly Rental S$4,700 Rental Desposit S$10,000***
  • Revenue S$10K - 20K Cash Flow S$200K - 500K
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2011
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
British Education Centre
Email Owner

Reason For Sale

Reason for sale: retirement age of Director

Description

The school has a four-year licence from the Council for Private Education (CPE) under the Enhanced Regulatory Framework (ERF). The licence has a long life, to the end of 2016.

The operation is highly efficient with running costs held at low levels. The rental for the 1000 sqare feet premises in central Singapore is under S$5K. There is an open plan training area in highly conducive and attractive premises. Sales revenue is about S$225,000 per year and the profit (including director's drawings) is about S$100,000.

The school offers teacher training courses, creating new teachers of English to speakers of other languages (TESOL), an expanding and popular subject. Courses are registered with the CPE. A Memorandum of Understanding is in place with a UK University and negotiations are ongoing for their Masters programme to be delivered here. The school has built an excellent reputation in Singapore and beyond. Enquiries come from Internet marketing and word of mouth.

The curriculum is easily extendable with good school branding that does not restrict course subjects or target learners. It could be extended towards English language courses, government school curriculum tuition, business training or other areas.

The Director would be happy to support changeover with continued engagement for a period to help smooth transfer of activities.

Business Operation

Support available for handover
Supporting and Training

Property Information

Rent
Premise Status
Two year lease
Lease Term
Second floor shophouse. Open plan training area. Library area and office area. Self-contained bathroom. Good air conditioning.
Premises Details
Yes, it can relocate to other place
Relocatable
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