Newly licensed commercial school for take over with affordable rent in a mall. Owner lost interest in the business. School has just started. The new takeover owner can propose whatever cost he wishes.
Why take over? 1. Cheaper than your license fee of $120k start up capital required by government 2. Ready made premises fully renovated and furnished (worth at least $100k) 3. Huge prospect, offer any course you want - especially if you already have skillsfuture qualifications and if you wish to be able to offer full qualification. 4. Newly minted license so have long runway. 5. Great centralised location.
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Singapore