Singapore  Singapore

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Listing Id: 1539 Last Refreshed: 26/05/2019 Total Views: 10349

(Sold) Profitable Tuition Centre For Sale

Ang Mo KioSchoolsTuition and Enrichment Centers
Asking Price: S$65,000
Business For Takeover
Look For Investor
Look For Partner
Tim Wong

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$3,215
  • Rental Desposit N/A
  • Revenue S$10K - 20K
  • Liability N/A
  • Gross Profit S$5K - 10K
  • Net Profit S$5K - 10K
  • Stock S$3,000***
  • FFE S$30,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 1
  • Established 2013
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

Realignment

Description

Established since 4Q 2013 with good amount of students and teachers. Owner is very good with operations and all systems in place. Annual revenue about $150k, nett profit about $45k/year.

ROI in about 1.5 years, beautiful classrooms, low rental.

Motivated and serious seller. Business is doing well, however, owner has other passions that he wishe to pursue.

Business Operation

Yes, 2-3 weeks
Support and Training

Property Information

Rent
Premise Status
2+2
Lease Term
/

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