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Listing Id: 1869 Last Refreshed: 26/05/2019 15355 Views

Cpe Registered Commercial School (Tanjong Pagar MRT)

Closed
Asking Price <span class='currency'>S$</span>200K - 500K
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$10,000

Business Operations & Assets

FFE
S$200,000 Price Included
Receivable
S$80,000
Staff
2 Employee
Year of Incorporation
2003
Owner Role
Investor
Premise Status
Rent
Rental Deposit
S$28,000 Price Included
Premises Details
Newly renovated. Grade A1 furnishings.
FSSD Certificate, 4 classrooms (53 students capacity)
Reception Counter with Corporate Branding frontage
Library Room with Computers for Students' Use
Large Meeting Room for Students' discussions
Staff Room and Manager Office
IT Computer Server Room

Business Details

Reason For Sale

Owner has other business committment

Description


* Walking distance to Tanjong Pagar MRT (Fully Sheltered)

* Near Food Centres

* Newly Renovated FSSD Premise, 4 classrooms

* State of Art Teaching Aid Equipments, Top grade Interior Designer Furnishing

* Partnership with Pearson LCCI to offer full range of LCCI course

* In-house Diploma / Advanced Diploma programs with internal teaching staff & existing student base

 

Note: Pearson is the world's leading education company. From pre-school to high school, early learning to professional certification, our curriculum materials, multimedia learning tools and testing programmes help to educate millions of people worldwide. LCCI International Qualifications are awarded by Pearson Education Ltd.  An accredited Awarding Body providing vocational and professional qualifications around the world. Pearson is accredited by the UK qualifications regulator, the Office of Qualifications and Examinations Regulation (Ofqual), and many regulatory bodies and Ministries of Education around the world recognise LCCI International Qualifications. (source: Pearson LCCI website)

 

Seller's Financing available for eligible buyers, subject to buyer's credit profile / experience. Not to be missed opportunity !

 

Receivables consist of students' deposits ($80K)

Rent & Deposits: ~$10K/pm / 3 months deposit

Utilities: Electricity Charges payable to Landlord / Water charges included in rental

Facilities

State of Art Teaching Aids (Interactive Flat Panels)
Movable partion wall to expand 4 classrooms to hold bigger lectures.
Copiers & Computers for Staff use.
Water Dispenser.

Competition

Ever increasing stringent regulatory rules imposed by CPE, new entrants will find it increasingly difficult to obtain new license from CPE. Registration process for a new private school typically takes several months (FSSD certificate, CPE application) before it can commence operation.

Expansion Potential

Subject to regulatory approval, the buyer may consider:
(1) Expand the LCCI course offerings and introduce new in-house course;
(2) Introduce WSQ/SkillFuture Credit eligible courses; or
(3) Partner with established foreign education institutes with foreign education system.

Buyer Support & Terms

Support and Training

Management Handover (Optional, subject to nego)

Background & Skills

"Fit & Proper" criteria defined by CPE/regulatory body.

Seller Financing

Yes, seller financing is available.
Subject to buyer's profile (Credit & Experience) and negotiation, the seller is open to interest free progressive payment instalments.
Important Disclaimer

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