Listing Id: 3112
Last Refreshed: 26/05/2019
Total Views: 10991
(Sold) Rare Profitable Business for Sale: Maths Learning Center with Low Rental, Stable Income and Further Growth Potential in Jurong East Central
Jurong EastTuition and Enrichment Centers
Asking Price: S$100K - 200K
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$1,900
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Rental Desposit
S$8,200
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Revenue
S$200K - 500K
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Liability
N/A
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Gross Profit
S$50K - 100K
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Net Profit
S$50K - 100K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
N/A
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Established
2013
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Source
Direct Seller
Reason For Sale
Relocation
Description
This is a Maths learning center set up for almost 4 years with solid profit and further growth potential:-
-Profitable franchise business in Maths learning for K1- P6 children (MOE syllabus). Comprehensive sets of teaching materials are provided.
-Turn-key business with stable customer base (close to 100 learners) and on-going business
-Low rent in HDB premises: $1900 p.m.--with strategic value of ensuring stable and low rent in the long term as opposed to renting from private landlords
-Prime location in Jurong East Central, just a few minutes
from public transport and shopping malls; learners come from Jurong
East, Jurong West, Bukit Batok, Chua Chu Kang, Clementi, etc.
-Extra capacity for further growth; possible for running additional non-competitive programme (subject to approval)
-Private limited company established in 2013
-Fire safty certificate and MOE registration
-Proper financial reports done by accounting company
This is a rare opportunity for investing in a sound business with stable income. It took time to build the customer base to a profitable size and the owner intended to keep this business for the long haul, but is selling it due to family relocation.
Business Operation
Wednesday to Sunday
Business Hour
New owner can run additional non-competitive programme in the centre (subject to approval)
Expansion Potential
Property Information
It is located in Jurong East Central, a convenient location and popular learning hub in the West, with parents coming from Chua Chu Kang, Clementi, Jurong West, Bukit Batok, etc.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore