๏ปฟ
Listing ID: 13518
Total Viewed: 9029
Last Refreshed: 01/10/2018

Tuition Centre Business For Sale (Sold)

Central Area, Singapore

Asking Price : S$150,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Partners Have Diffrent Business Directions
Business Description

๐Ÿ’ฝ Established in 2011


๐Ÿ’ฝ Business operation @

Farrer Park area


๐Ÿ’ฝ Shop/biz operation :

๐Ÿ‘‰๐Ÿผ monthly rental $6000

๐Ÿ‘‰๐Ÿผ about 850 sq.ft.

๐Ÿ‘‰๐Ÿผ balance lease about 14 months

๐Ÿ‘‰๐Ÿผ cost of renovation about $25K

๐Ÿ‘‰๐Ÿผ renovated in 2016


๐Ÿ’ฝ Estimated monthly gross revenue about $15,750


๐Ÿ’ฝ Monthly Expenses:

๐Ÿ‘‰๐Ÿผ ownerโ€™s salary (Ops) $1,000

๐Ÿ‘‰๐Ÿผ ownerโ€™s salary (Teacher) $3,500

๐Ÿ‘‰๐Ÿผ Other teachersโ€™ salary $5,000

๐Ÿ‘‰๐Ÿผ admin staff $2,500

๐Ÿ‘‰๐Ÿผ misc $800


๐Ÿ’ฝ If buyer can teach and run ops, buyer makes $4500 per month


๐Ÿ’ฝ If buyer also runs the admin function, buyer makes $7000 per month


๐Ÿ’ฝ 105 students 


๐Ÿ’ฝ No director fee


๐Ÿ’ฝ 4 directors in the company


๐Ÿ’ฝ Directorโ€™s involvement in the biz

๐Ÿ‘‰๐Ÿผ Teaching and ops/marketing 


๐Ÿ’ฝ Business name /website / Facebook 

- To be disclosed during meeting with buyer


๐Ÿ’ฝ Staff : 

๐Ÿ‘‰๐Ÿผ owner/teacher full-time, the rest are all hourly rate teaching staff


๐Ÿ’ฝ Operating hour :

๐Ÿ‘‰๐Ÿผ Mon to Fri 1pm to 8pm

๐Ÿ‘‰๐Ÿผ Tues closed

๐Ÿ‘‰๐Ÿผ Sat to Sun 9am to 5pm


๐Ÿ’ฝ Current setup is 4 partners/directors. 

Easier for single owner/teacher to extract value ie. $4,500 to $7,000 depending on how owner organizes the Admin function


๐Ÿ’ฝ Open for joint venture with new investor ?

- Please propose


๐Ÿ’ฝ Selling price $150K negotiable


Thank you & blessings 




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.

Join Premium Buyer Now to Find More About The Business
Premium Buyer can view additional information on the business, including
  • Date business posted, and last updated
  • Total enquiries this business has had, and when last enquiry sent
  • Get the contact information for the business (if available)
๏ปฟ


๏ปฟ

Just a moment... we are sending the message now