Description
Bivety.sg | Whatsapp/Call: William 97218288| Project Blossom represents a turnkey opportunity to acquire a boutique kindergarten with robust foundations, high-quality infrastructure, and clear potential for growth. Established in 2019, the school is fully licensed for up to 85 children, serving both expatriate and local families. Prior to COVID-19, enrolment reached 45 students, with over half coming from Taiwanese expatriate families. The business has since successfully shifted focus to the Vietnamese market. The current owners are seeking a passionate new operator or investor to continue and expand the school, as one partner is now fully committed to her primary career.
This is a rare chance to acquire a professionally designed operation in a dynamic market.
Highlights
✅ Purpose-Built Facility
- Developed from scratch on an almost-vacant site.
- Lease secured until 2029, with a supportive landlord open to extension.
- Contractual rent: VND72 million (~SGD3,892) per month, currently discounted to VND60 million (~SGD3,243).
✅ Dual Language Curriculum
- English and Chinese programs catering to a diverse demographic.
✅ Established Programs
- 22 children enrolled in the popular weekend arts class.
✅ Streamlined Operations
- Designed for ease of management.
- Fixed assets valued at over VND5 billion (~SGD270,270).
Financial Summary (FY2024)
Key Figures VND Approx. SGD
Fixed Asset Book Value VND 5,120,527,901 ~SGD 276,222
Annual Revenue VND 2,041,000,000 ~SGD 110,270
Annual Net Loss VND (914,925,519) ~SGD (49,460)
Monthly Cash Inflow (Estimate) ~VND 250,000,000 ~SGD 13,515
Monthly Rent (Discounted) VND 60,000,000 ~SGD 3,243
(Exchange Rate: ~18,500 VND = 1 SGD)
Financial Performance Overview
✅ Income Statement:
- Revenue increased modestly in 2024 to VND2.04 billion.
- Net loss of VND(915 million) primarily due to:
-Fixed operating costs (staffing and facility).
-Lower enrolment in the post-pandemic period.
- No finance costs were incurred.
✅ Balance Sheet:
- Total Assets: VND6.96 billion (~SGD376,216).
- Cash Reserves: VND1.47 billion (~SGD79,459).
- Net Fixed Assets: VND5.12 billion (~SGD276,222).
- Liabilities: VND8.95 billion (~SGD483,784), largely representing a long-term owner loan.
- Equity: Negative VND(1.99 billion), reflecting accumulated start-up investments and operating losses.
✅ Cash Flow:
Despite accounting losses, the business generated positive net operating cash flow of +VND109 million (~SGD5,900) in 2024.
Next Steps
The business is asset-rich and maintains stable revenue. A focused enrolment drive and marketing strategy present clear upside potential to return the operation to profitability. This is a compelling opportunity to acquire a fully operational kindergarten with high-quality facilities, an established brand, and significant potential for growth.
If you would like more information about Project Blossom, please contact us at 9721 8288 or via WhatsApp at https://wa.me/6597218288.
For additional listings, visit our website at https://www.bivety.co/.
Singapore
