Listing Id: 27218
Last Refreshed: 08/01/2023
Total Views: 499
(Expired)Science Educational Centre At AMK With High Potential For Takeover
Ang Mo KioTuition and Enrichment Centers
Asking Price: S$50,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
Neighbourhood
-
Premise Size
N/A
-
Monthly Rental
S$600
-
Rental Desposit
N/A
-
Revenue
N/A
-
Liability
N/A
-
Gross Profit
N/A
-
Net Profit
N/A
-
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
Too busy to manage
Description
Dear Potential Buyer,
Current owner is looking to let go of the business at a sale price of about 50,000 sgd after running it for 6 years. This is an educational enrichment business located in Ang Mo Kio 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 want 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 centre has organised numerous Science and Arts events and programmes for primary school students and one of the main highlights was an Art workshop at the Espanade during Mother's Day. It is planning to extend to Chinese enrichment in 2023. The company was also featured on the UOB SMU Asian Enterprise Institute in the SME Consulting Programme.
There is a great potential to build the business up due to high demand for enrichment and tuition services in the neighbourhood with several primary schools and residential units around the area. Videos, pictures and social media publicity materials can be surfaced upon request.
Singapore