Singapore

Sell a Business

Listing ID: 1905 Last Refreshed: 26/04/2019 Total Views: 17154

Music School With Strong Branding Poised For Take Off

Central Area

Asking Price: Available On Request
Music School With Strong Branding Poised For Take Off
  • Premise Type N/A Premise Size 1800sqft
  • Monthly Rental S$5,500 Rental Desposit N/A
  • Revenue S$200K - 500K Cash Flow S$20K - 50K
  • Gross Profit N/A Net Profit N/A
  • Stock S$1,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$70,000*** Established 2005
  • Owner Role Full Time Staff 11
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
michael sim
Email Owner

Reason For Sale

Business succession planning, Business owner planning to retire

Description

School with very clear Vision, Strong branding and optimal business operation model with 3 branches strategically located in Orchard, Upper Bukit Timah and Bukit Batok (HDB lease) looking for right investor mix (with Capital contribution and Management Support, preferably a Venture Capitalist, to take a stake and bring the business to the next level of expansion, both locally and overseas. 

Business Operation

11am-9pm
Business Hour
Locations strategically positioned for growth and future expansion.
Facilities
Competitive but business very well positioned to be profitable and become market leader in terms of branding and strong operations.
Competition
Very well positioned because of strong branding based on sound track record, strong operations and teaching staff and very strategic leasing plans for the next 5-10 years. Worked with branding consultant, business on the verge of takeoff both locally and regionally with the right candidate investor.
Expansion Potential
Music teachers with strong financial backing and marketing and entrepreneurial spirit who wants an established platform to drive the business to the next level are also welcome to call for a preliminary discussion.
Background & Skills

Property Information

Rent
Premise Status
2 years
Lease Term
Bukit Batok (HDB) directly leased from HDB, paid $33k assignment fee. (Direct leasing from HDB - Low rental assured. ($2.1k, 1000sq. ft) Bukit Timah Shopping Centre (400 sq ft) Orchard Plaza (334 sq ft)
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
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