Listing Id: 32047
Last Refreshed: 20/06/2024
Total Views: 1282
(Expired)Established Adult/Corporate Training Business For Sale With SG & My Clients
Central AreaComputer TrainingCorporate Training
Asking Price: S$500K - 1M
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
Overview
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Premise Type
Office Building
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Premise Size
980 sqft / 91 sqm
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Monthly Rental
S$3,000
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Rental Desposit
S$6,000***
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Spend time with young and growing family
Description
Direct sale.
Approved Training Organisation (ATO or RO) - Established 5+ years with newly set-up Sdn Bhd entity (>1 year) [Package deal]
Approved WSQ courses (expiry 2026) and Approved HRD programs related to Digital Skills and Leadership Training (expiry 2025)
Propietary curriculum developed in-house with experienced instructor network (ACLP and non-ACLP + HRD TTT)
Existing client relationships with MNCs and GLCs in both SG and MY, introductions will be made upon request.
Upcoming business pipeline worth >S$400k in 2024 (proposal stage in B2B contracts). Projected annual revenue of >$700k in 2024 (Topline growing year on year).
Business currently at break-even and previously profitable during COVID.
Written SOPs ready with a fair level of automation on key business processes.
Accounts in clean state done by ICAEW Chartered Accountant, Licensed Auditor, Certified Fraud Examiner. Can be audited before sale or M&A (part of sale price).
SG business has some existing bank business loans to service, no debt obligations for MY business.
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Interested parties may reach out to enquire more. Please share professional credentials.
Business Operation
Management team will stay for transition period of at least 3 months (negotiable) in the event of a sale.
Existing management team also willing to work with strategic investor to grow and scale the business depending on values, strategic fit and post-acquisition/merger package. Lean team based in SG and MY (Average >2 years tenure in existing team). Business underwent trimming and transformation last year to automate business process and incorporate GenAI as part of workflows.
Support and Training
Singapore