Listing Id: 27154
Last Refreshed: 03/01/2023
Total Views: 833
(Expired)Profitable Student Care Centre For Sale In Marsiling At Low Takeover Price
WoodlandsChildcare and KindergartenTuition and Enrichment Centers
Asking Price: S$70,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
800 sqft / 74 sqm
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Monthly Rental
S$3,500
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Rental Desposit
N/A
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Revenue
S$13,200
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$2,500
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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 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.
Singapore
