SingaporeOverview
Financial Performance
Revenue
S$20K - 50K
Gross Profit
S$20K - 50K
Net Profit
S$5K - 10K
Monthly Rentalt
S$3,000
Business Operations & Assets
FFE
S$10,000
Price Included
Staff
1 Employees
Year of Incorporation
2009
Owner Role
Full Time
Premise Status
Rent
Premise Type
Neighbourhood
Rental Deposit
S$6,000
Price Included
Premises Details
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.
Business Details
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.
Please refer to our website https://www.mindcentre.com.sg for more details. Owners are now overseas and can only communicate through WhatsApp.
Facilities
1 reception area, 4 tution rooms and 2 store rooms
Competition
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.
Expansion Potential
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.
Franchise
Yes, this is franchise business.
Buyer Support & Terms
Support and Training
Owner is also the master franchisor and will continue to guide the new owner to run the business.
Background & Skills
Has tutoring experience
Seller Financing
Yes, seller financing is available.
Flexibe
Flexibe
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