Businesses For Sale in SingaporeSingapore

Listing ID: 13485
Total Viewed: 5898
Last Refreshed: 03/01/2019

Tuition Agency With Licensing Model For Sale

Central Area

Asking Price : SGD1,000,000

Revenue: SGD50K - 100K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2016

Gross Profit: SGD20K - 50K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 15

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

***NOT included in asking price

Reason To Sell
Retirement - Looking for an individual to bring Tuition Agency further.
Business 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 Operations
Business Hour:
Preferred Skills:
Business Marketing + Advertisement
Supporting and Training:
A hand-over plan will be decided together to ensure smooth and complete handover.
2 Foreigners, 13 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD0 (NOT included in selling price)
Lease Term:
Premises Detai:
North Bridge Road [North Bridge Centre]
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Mostly competition on marketing and outreach program
Expansion Potential:
This tuition agency model [with the licensing model] is easily converted to a franchise for global expansion.
Supporting Documentation

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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