SGD10K - 20K
SGD200K - 500K
SGD5K - 10K
Reason To Sell
Reason for sale: retirement age of Director
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.
Supporting and Training:
Support available for handover
SGD10,000 (included in selling price)
Two year lease
Second floor shophouse. Open plan training area. Library area and office area. Self-contained bathroom. Good air conditioning.
Yes, it can relocate to other place
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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