Last Refreshed:
03/01/2019
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
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
Preferred Skills:
Business Marketing + Advertisement
Supporting and Training:
A hand-over plan will be decided together to ensure smooth and complete handover.
Staff:
2 Foreigners, 13 Part Time
Property Information
Rental Deposit:
SGD0 (NOT included in selling price)
Premises Detai:
North Bridge Road [North Bridge Centre]
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Competition:
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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