Add to Shortlist | View Saved Shortlist | Share Listing |Print Listing
Listing ID: 1905 Total Viewed: 3237

Music School With Strong Branding Poised For Take Off

Central Area, Singapore

Asking Price : Available On Request

Revenue: SGD200K - 500K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2005

Gross Profit: Not Disclosed

Inventory: SGD1,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD70,000

Staff: 11

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

***NOT included in asking price

Reason To Sell
Right investor to take the business to the next lap
Business 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 Operations
Business Hour:
11am-9pm
Preferred Skills:
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.
Staff:
6 Local, 5 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1800sqft
Rental Fee:
SGD5,500
Rental Deposit:
SGD12,000 (included in selling price)
Lease Term:
2 years
Premises Detai:
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)
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Locations strategically positioned for growth and future expansion.
Competition:
Competitive but business very well positioned to be profitable and become market leader in terms of branding and strong operations.
Expansion Potential:
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.

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.

Join Premium Buyer Now to Find More About The Business
Premium Buyer can view additional information on the business, including
  • Date business posted, and last updated
  • Total enquiries this business has had, and when last enquiry sent
  • Get the contact information for the business (if available)
Contact Seller
Your Name:
Your email
Your phone