Businesses For Sale in SingaporeSingapore

Listing ID: 490
Total Viewed: 6693
Last Refreshed: 19/09/2018

Profitable Since Day 1 Music Enrichment School Contract With Moe 4 Schools ) + ( 2 Performance Contract) (Sold)


Asking Price : SGD100K - 200K

Revenue: SGD10K - 20K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2010

Gross Profit: SGD10K - 20K

Inventory: SGD0***

Receivable: SGD50,000

Owner Role: Full Time

Net Profit: SGD5K - 10K

Liability: Not Disclosed

FFE: SGD0***

Staff: 5

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

***NOT included in asking price

Reason To Sell
diversifying to finacial sector
Business Description
Hi I selling due to diversifying to the financial sector, This company has been profitable since day 1 as we had secure 4 MOE contract to teach in their  CCA activities . Currently i have 3 full timer instructor + 1 Part time.

Currently we are still bidding for more MOE contract. As this company reputation with the ministry and this industry is good and had won many SYF (Distinction)award with the school.

The potential is great and all my 3 instructors( All Female) are responsible and work really hard since day 1 . I am requesting for a full takeover including all MOE contract and 2 Performance contract with one of the famous hotel in singapore.

Basically we do not had any office and i actually doing it as a part time basic. I sincerely looking for some one who are responsible , honest and are able to expand and built up the business progressively.

Average monthly sales is around 8k to 15k (Including Peak /off peak season)
Net profit around $5-7K

I will provide full support for 3 months upon taking over. Mean while also introducing you to all the contacts with the teachers in MOE for your future preference.

Take Over fees : $150,000

Business Operations
Business Hour:
on time on target, as all contract has been secure and be renewalable
Preferred Skills:
Supporting and Training:
yes, Will attached to you for 3 month, doing gebiz tender, vendorsg billing to school, MOM pass application, school introduction
1 Local, 3 Foreigners, 1 Part Time
Property Information
Premise Status:
Work At Home
Rental Fee:
Rental Deposit:
SGD0 (NOT included in selling price)
Other Information
Is a service industry to singapore MOE goverment school
The market has good growing potential as MOE had huge budget on developing students non academic activities
Expansion Potential:
The market has good growing potential as MOE had huge budget on developing students non academic activities . We had the best instructor in the industry

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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