Listing Id: 35830
Last Refreshed: 07/03/2025
Total Views: 4060
(Expired)Largest Japanese Language Centre - Seeking Investors / Cashing Out Commercial Property
Jurong EastTuition and Enrichment Centers
Asking Price: S$40,000
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
600 sqft / 56 sqm
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Monthly Rental
N/A
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Rental Desposit
N/A
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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
15
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Established
1983
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Source
Direct Seller
Reason For Sale
Chairman's health and retirement
Description
3 centres in Singapore - Jurong East, Hougang & City Hall.
We are looking for investors to buy part or whole of our private commercial property at Jurong East starting from 40k.
or selling the property at $1.75m. (RARE Shophouse at Jurong East MRT <$2m!)
Currently tenanted at $5800, monthly rental income.
Why do we want to cash out? One of our chairmen has retired and wishes to cash out assets due to health reasons.
Profitable for decades the property is expected to appreciate with new MRT renovation and upcoming KL high-speed rail.
We are also raising funds to purchase our next property at Adelphi (999 lease-hold), our current 3rd centre.
We are also raising funds for expansion plans.
Investors also get to learn Japanese for FREE for a lifetime.
GUARANTEED 8% ROI !!
Contact us to find out more!
Business Operation
Owned commercial property
Facilities
Low competition, very few competitors
Competition
Opening 2 more branches in Singapore
Expansion Potential
Property Information
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base