Listing Id: 26597
Last Refreshed: 10/11/2022
Total Views: 608
(Expired)Profitable Student Care Business In Marsiling For Takeover
WoodlandsChildcare and KindergartenTuition and Enrichment Centers
Asking Price: S$110,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Commercial Street
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Premise Size
800 sqft / 74 sqm
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Monthly Rental
S$2,600
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Rental Desposit
N/A
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Revenue
S$12,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
Under S$5K
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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
Owner to retire after running business for 7 years
Description
Current owner is looking to let go of the business at a sale price of about 1 year revenue after running it for 6 years. This is a profitable student care business located in Marsiling for takeover and is suitable for serious buyers to own and scale up a positive cashflow business on the sideline.
The current centre has about 30 students from primary 1 to primary 6 from nearby schools.
Estimated Revenue per month - 12,000 sgdRental per month - 2,600 sgdEstimated Transport cost per month - 2,000 sgdEstimated Food costs per month - 1,000 sgdEstimated Manpower costs per month - 4,000 sgdInternet costs per month - 200 sgdProfit per month -2,2001 year profit estimated 26,400 sgd
There is a potential to build the business up due to high demand for student care in the area with couple of primary schools.
Singapore