Listing Id: 27864
Last Refreshed: 06/06/2023
Total Views: 1487
(On Hold)Profitable Tuition Centre In Central Location With Growth Opportunities
Central AreaTuition and Enrichment Centers
Asking Price: S$50K - 100K
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
N/A
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Monthly Rental
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Rental Desposit
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Revenue
S$5K - 10K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
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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
Investor
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Staff
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Established
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Source
Direct Seller
Reason For Sale
Business owners emigrating, seeking investor/owner to takeover the business
Description
Neighbourhood centre with 50-70 students per month, with well-established local reputation and strong captive market.
Took over centre from previous owners during COVID-19 pandemic and improved business operations. Renovated centre, expanded number of students through marketing campaign and secured numerous leads, now turning profit (from previous loss-making situation).
Seeking sale to savvy investor as owners are considering emigrating. Centre is well positioned to grow further on a stronger footing since the pandemic.