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Listing Id: 27583 Last Refreshed: 18/02/2023 1237 Views

Successful Art Centre With Existing Students And Staff

Expired
Asking Price S$90,000(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This listing is no longer active and is not accepting enquiries.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$16,000
Gross Profit
S$4,000
Net Profit
Not Provided
Monthly Rentalt
S$4,800

Business Operations & Assets

Stock
S$3,000 Price Included
FFE
S$40,000 Price Included
Staff
3 Employee
Year of Incorporation
2017
Owner Role
Part Time
Premise Type
Shopping Mall
Premise Size
880 sqft / 82 sqm
Rental Deposit
S$4,800

Business Details

Reason For Sale

Other commitments

Description

Profitable and Branded Art Centre successfully operating for the past 6 years with Existing Students and Staff 

Established in 2017 as one of the leading art centre franchisees

Located in  in the Upper Bukit Timah Area.

Providing art classes for children aged 3 to 12 years including holiday enrichments and clay classes  

Renovated premises (880 sq ft with 2 class rooms and a reception area) 

Qualified and experienced Teachers 

Consistently generating profits during the past 3 years 



Facilities

Fully Renovated premises with table and chair for 2 lass rooms
Offices computer, printer and supplies

Competition

Multiple art centres in the same mall which shows the interest and potential of the business

Expansion Potential

Capability to expand and recruit more students by road show, flyers etc.

Franchise

Yes, this is franchise business.
6 years franchise renewal due in July 2023. No initial franchise fee to be paid by the Buyer.

Buyer Support & Terms

Background & Skills

Inclination towards Arts and people
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