Businesses For Sale in SingaporeSingapore

Listing ID: 5424
Total Viewed: 6645
Last Refreshed: 19/09/2018

Profitable Tuition Centre For Sale

Bedok

Asking Price : SGD200K - 500K

Revenue: SGD200K - 500K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2011

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

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

Reason To Sell
Looking at other business opportunities
Business Description

Please see the information on the Tuition Centre below:


Property Information:

Size: 700sf

Current Fixed Rental Price: $3,000/month

Lease term: 5 years from June 2017

3 Classrooms


Business Information:

Current Student Count: 140 students

Subject Count: 280 subjects

Annual Revenue: $350k to $400k

Nett Profit: Approximately $100k 


HR Expenses 

Includes Full & Part-time teachers, admin and cleaners: $12,000 to $13,000 per month


Inventory system and equipment:


CMS System to keep track of

- HR and Payroll

- Accounts

- Student records and attendance

Worth Approximately => $70,000/- (5 years ago)


Computer/Printers/Interactive Boards

Worth Approximately => $30,500/- (2 years ago)

Renovation Cost: $50,000/- ( 1 Year ago)

Brand name of the tuition centre (Word of mouth effect) + In-house teaching materials: Worth approximately 30,000 to $40,000


Expected ROI within 2 to 3 years.


Training to be provided on how to manage the centre.


Call James @ 8180 3752 now to find out more

Business Operations
Preferred Skills:
To at least have some knowledge in education as te centre teaches from K2 and prepare the students to take on PSLE and O Levels examination.
Staff:
3 Local, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
750sqft
Rental Fee:
SGD3,000
Lease Term:
5 year from June 2016
Premises Detai:
The centre moved from a few blocks away last year into the current premise. It has been operating since 2011 and the students come mainly through "word of mouth" from existing and old students.

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.

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