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Listing Id: 27154 Last Refreshed: 03/01/2023 850 Views

Profitable Student Care Centre For Sale In Marsiling At Low Takeover Price

Expired
Asking Price S$70,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$13,200
Gross Profit
Not Provided
Net Profit
S$2,500
Monthly Rentalt
S$3,500

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Neighbourhood
Premise Size
800 sqft / 74 sqm

Business Details

Reason For Sale

Owner retiring and wants to relocate overseas

Description

Dear Potential Buyer,


Current owner is looking to let go of the business at a sale price of about 70,000 sgd after running it for 6 years. This is a profitable student care enrichment business located in Marsiling for takeover and is very suitable for serious buyers to own, run, teach and scale up a positive cashflow business on the sideline. 


This is very attractive for buyers who wants to retire from corporate worklife (ex teachers, retirees etc) and run a business. The current owner can assist the new owner in the business transition up to 3 months after successful takeover.


The current centre has about 33 students from primary 1 to primary 6 from nearby neighbour schools. 


Estimated Revenue per month - 13,000 sgd

Rental per month - 3,500 sgd 

Estimated Transport costs per month - 2,000 sgd

Estimated Food costs per month - 1,000 sgd

Estimated Manpower costs per month - 4,000 sgd

Internet costs per month - 200 sgd

Profit per month -2,300


1 year profit estimated 27,600 sgd


There is a great potential to build the business up due to high demand for student care and tuition services in the neighbourhood with couple of primary schools and new flats being built around the area.

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