Listing Id: 27583
Last Refreshed: 18/02/2023
Total Views: 1212
(Expired)Successful Art Centre With Existing Students And Staff
Bukit TimahTuition and Enrichment Centers
Asking Price: S$90,000(Neg.)
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
880 sqft / 82 sqm
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Monthly Rental
S$4,800
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Rental Desposit
S$4,800
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Revenue
S$16,000
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Liability
S$0
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Gross Profit
S$4,000
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Net Profit
N/A
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Stock
S$3,000***
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FFE
S$40,000***
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Payable
S$-1***
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Receivable
N/A
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Owner Role
Part Time
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Staff
3
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Established
2017
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Source
Direct Seller
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
Business Operation
Fully Renovated premises with table and chair for 2 lass rooms
Offices computer, printer and supplies
Facilities
Multiple art centres in the same mall which shows the interest and potential of the business
Competition
Capability to expand and recruit more students by road show, flyers etc.
Expansion Potential
Yes, this is franchise business.
6 years franchise renewal due in July 2023. No initial franchise fee to be paid by the Buyer.
Franchise
Inclination towards Arts and people
Background & Skills
Property Information
Current lease end in Jun 2023
Lease Term
Yes, it can relocate to other place
Relocatable
Singapore