Singapore

Sell a Business

Listing ID: 13485 Last Refreshed: 25/04/2019 Total Views: 8148

Tuition Agency With Licensing Model For Sale

Central Area

Asking Price: S$1,000,000
Tuition Agency With Licensing Model For Sale
  • Premise Type N/A Premise Size 1000sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$50K - 100K Cash Flow S$20K - 50K
  • Gross Profit S$20K - 50K Net Profit S$20K - 50K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2016
  • Owner Role Full Time Staff 13
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
saravanan kasinathan
Email Owner

Reason For Sale

Retirement - Looking for an individual to bring Tuition Agency further.

Description


We are a tuition agency.
Our revenue comes from collecting 50% commission upon successful matching.


Right now House Tutor has:

1) 12 licensees [i.e we sold 12 licenses in Singapore]
2) 1 coordinator
3) 1 admin manager
4) IT development team

It is in my keen interest to establish House Tutor world wide.

A brief description of the House Tutor system:

a) tutor [5000 tutors] / parent [1500 parents] database
b) mass emailing system
c) accounting system with invoice and receipt generations
d) Whatsapp messaging system (done via personal Hp broadcasting)
e) we have question and answer module to create a community of learners.
f) messaging system between tutor and parent
g) advertisement module for tutors and tuition centre
h) online payment and dispute module
i) Online Video Conferencing - App available [Both ios and Android]



House Tuto has a unique business model which enable the business to sell
licenses locally in Singapore we are selling our licenses for $3000 and now revised to $5000.


Business Operation

24/7
Business Hour
nil
Facilities
Mostly competition on marketing and outreach program
Competition
This tuition agency model [with the licensing model] is easily converted to a franchise for global expansion.
Expansion Potential
A hand-over plan will be decided together to ensure smooth and complete handover.
Supporting and Training
Business Marketing + Advertisement
Background & Skills

Property Information

Rent
Premise Status
0
Lease Term
North Bridge Road [North Bridge Centre]
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

Supporting Document

Email Owner
Your Name*
Mobile Number*
Email*
Message