Singapore  Singapore

Sell a Business

Listing ID: 316 Last Refreshed: 07/05/2019 Total Views: 16396

MOE & FSSD Approved Tuition Center

Ang Mo Kio

Asking Price: S$50K - 100K
  • Premise Type N/A Premise Size 1200sqft
  • Monthly Rental S$4,320 Rental Desposit S$14,400***
  • Revenue S$10K - 20K Cash Flow S$10K - 20K
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock S$5,000*** Liability S$0
  • Payable N/A Receivable N/A
  • FFE S$35,000*** Established 2011
  • Owner Role Part Time Staff 5
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
kumar manish
Email Owner

Reason For Sale

Lack of Focus due to collective shortage of the manpower

Description

Year Established: 2011

Area: 1200Sqft (App)

Current Number of Class rooms: 4

Expansion potential: Can expend to 6 class rooms, By Utilizing all the available space 

Leasehold rental: SGD 4320/Month

Deposit: SGD 14400.00

Classes: All such as primary and secondary English, Maths, Science and Chinese

                  PSLE (English, Maths and Science)

                   GCE : O  & A Levels (English, Maths And Science)

Tutor: Total 4, all local well qualified (All graduates with a few MOE Trained), part time, motivated and dedicated staff

Admin:  1 Full Time  

Liabilities: Nil

Facilities: Full Fledged website, Recently Renovated (less than 6 months), class rooms with PC & Projectors .Sufficient Available space, can be expended as kindergarten or child care along with tuition centre , such as kindergarten in morning and tuition  and child care in the afternoon, with only tuition  classes in the evening in as many as available rooms either on downstairs or on upstairs. 

Others: Copyrighted Logo, New Table and chairs, New PC, Center own material and curriculum in place, new white boards. Apart from this center having a separate available pantry room, which currently used as the pantry room, but can be converted into two extra class rooms if required. 

Center has sufficient space at the ground floor as well and that too can be converted into enrichment class  rooms depends upon requirements or future expansion plan. 


Business Operation

1:00 PM -8:30 PM
Business Hour
Full Fledged Facilities, such as networked class rooms, PC &* projectors , PC lab (optional) , Full Fledged website with tutor's and students log ins for online test creation or taking or scoring. Pantry area with dining table , hot and cold water dispenser, along with two washrooms. Downstairs , parents waiting area for to attend meet the parents session or to have some discussion session with the tutors . During Renovation brand new Air-conditioning system installed by current center owner , these belong to tuition center and not to the land lord and these too are part of this sale.
Facilities
Very less, since in vicinity only our center offers full fledged tuition services at all the levels for all the subjects.
Competition
huge, with very big available space to support any future expansion needs
Expansion Potential
Yes for first three weeks upon takeover on as soon as possible basis
Supporting and Training
Teacher, Tutor or Educator
Background & Skills

Property Information

Rent
Premise Status
18 months lease expire in March-2015
Lease Term
HDB Duplex Shop House , On two year lease (pending 15 months ) from landlord. lease is renewable .
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
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