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Listing ID: 1223 Total Viewed: 13842

Language Centre For Sale! Fantastic Location

Marine Parade, Singapore

Asking Price : SGD300,000

Revenue: SGD10K - 20K

Cash Flow: SGD10K - 20K

Payable: Not Disclosed

Established: 2012

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 8

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

Reason To Sell
New business direction
Business Description

Language enrichment centre in a great location overlooking East Coast Park is up to sale of assets. 


New owner will take on current remaining lease (till April 2015), existing student base (about 30).


Seller will help with transition for one month. 


The takeover fee includes:

1) FSSD Certificate

2) All materials

3) Office Equipment

4) Deposit to landlord

5) Students base

6) Teachers base

7) Floor plan drawings/Sprinkler drawings by approved Engineer


Can be converted for office use.

Business Operations
Business Hour:
9:30 ~ 21:30
Supporting and Training:
One month transition assistance
Staff:
, 8 Part Time
Property Information
Premise Status:
Rent
Premise Size:
926sqft
Rental Fee:
SGD5,500
Rental Deposit:
SGD16,500 (NOT included in selling price)
Lease Term:
3 years renewable
Premises Detai:
The office is well renovated. New owner can start business immediately Located at a prime location with sea view Highly accessible and near to city centre
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Books Teaching Materials Office Equipment
Competition:
None in the vicinity
Expansion Potential:
Can be expanded to include E-commerce. Option to co-share office Office can be used as regional HQ

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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