Listing Id: 36555
Last Refreshed: 18/04/2025
Total Views: 208
(Expired)Mind Centre For Learning Pte Ltd
SerangoonTuition and Enrichment Centers
Asking Price: S$100K - 200K
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
-
Premise Type
Neighbourhood
-
Premise Size
N/A
-
Monthly Rental
S$3,000
-
Rental Desposit
S$6,000***
-
Revenue
S$20K - 50K
-
Liability
S$0
-
Gross Profit
S$20K - 50K
-
Net Profit
S$5K - 10K
-
Stock
S$0
-
FFE
S$10,000***
-
Payable
S$0
-
Receivable
S$0
-
Owner Role
Full Time
-
Staff
1
-
Established
2009
-
Source
Direct Seller
Reason For Sale
Owners want to retire
Description
The owners of Mind Centre have helped hundreds of Primary, Secondary & JC students achieve A’s & multiple grade improvements in their examinations over the past 15 years. Using our Fast & Systematic Learning Methodologies, we've had the joy of helping 5 of our past students enter Medical faculty and others enter Law, Pharmacology, Engineering, Accounting, Dentistry, Veterinary Medicine, Science and other University faculties!
Please refer to our website https://www.mindcentre.com.sg for more details. Owners are now overseas and can only communicate through WhatsApp.
Business Operation
1 reception area, 4 tution rooms and 2 store rooms
Facilities
Although there are many tuition centres in Singapore, Mind Centre at Serangoon has been in business since 2009. Its website has been ranked on the 1st page of google search.
Competition
This is the frist franchisee of the Mind Centre System. If owner is growth focus, the master franchisor can be on sale to this new owner in 2 years time.
Expansion Potential
Yes, this is franchise business.
Franchise
Owner is also the master franchisor and will continue to guide the new owner to run the business.
Support and Training
Has tutoring experience
Background & Skills
Yes, seller financing is available.
Flexibe
Seller Financing
Property Information
Lease ends Nov2025 but renewable for next 3 years and so forth.
Lease Term
HDB premised and monthly rent has been fixed at $3K/month since 2013. It is located above Giant which has foot traffic. Premise has a lift and common toilets on the same floor. There is a cluster of tuition centres in this HDB building.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore