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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

  • Premise Type Commercial Street
  • Premise Size 800 sqft / 74 sqm
  • Monthly Rental S$2,600
  • Rental Desposit N/A
  • Revenue S$12,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit Under S$5K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • 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.
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