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Listing ID: 3080
Total Viewed: 3574
Last Refreshed: 26/05/2017

Well Furnished, Profitable Tuition Centre Near Seng Kang And Hougang For Sale

Hougang, Singapore

Asking Price : SGD35,000

Revenue: SGD100K - 200K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD50K - 100K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 3

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

***NOT included in asking price

Reason To Sell
Leaving education industry. Focusing on another business.
Business Description

Looking for a well-furnished and well-established tuition centre to take over? This is a rare location situated in a Shopping Mall near young estates like Buangkok, Seng Kang and Punggol. Surrounded by 14 primary schools and 10 secondary schools, the location is a gem in the North-East. Lots of potential to grow even with the current enrolment. 


The centre enjoys regular enquiries every day, through phone and walk-ins. Situated near music schools and childcare centre, where the density of parents with schooling children is high


The selling of the business includes:


1) 2 fully furnished classrooms which can comfortably sit in 8-10 students each.

2) 1 PC for adminsatrative work (worth $850)

3) 1 projector for interactive teaching and learning (worth $899)

4) 1 visualizer for teaching purposes and even for video recording of lessons (worth $350)

5) 1 Fuji-xerox office size multi-funtction copier/printer (worth $11,000)

6) Profitable, exisiting student base

7) In the heartland with large proportion of young couples with schooling children.

8) All teaching materials (Priceless)



Business Operations
Supporting and Training:
Support will be provided for 2 weeks after sale
Staff:
, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
51sqm
Rental Fee:
SGD4,188
Rental Deposit:
SGD13,300 (NOT included in selling price)
Lease Term:
until April 2018
Premises Detai:
In a shopping mall
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Fuji Xerox Copier docucentre IV, Teaching materials, Advertising materials
Competition:
Student care centre situated at level 1. Do no foresee future competition in the area.
Expansion Potential:
High potential for expansion. Expansion is limited by my time commitment.

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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