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Listing Id: 15087 Last Refreshed: 10/12/2019 6703 Views

Education Service Provider For Sale In Singapore

Closed
Asking Price <span class='currency'>S$</span>250,000
This business has been Sold

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

Overview

Financial Performance

Annual Figures
Revenue
S$500K-1M
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$0

Business Operations & Assets

Stock
S$30,000 Price Included
Receivable
S$400,000 Price Included
Staff
2 Employee
Year of Incorporation
2013
Owner Role
Part Time
Premise Status
Rent

Business Details

Reason For Sale

Been running this for 7 years. Moving on to other businesses.

Description

We are a service provider that conducts non academic courses to local MOE and private schools. We have been around for more than 6 years and are consistently serving hundreds of schools yearly. Some of our popular courses include Music (instruments), Arts (painting) and Sport (water sport). We conduct our lessons in the school compound as well as public workspaces.

Business has been profitable with low fixed costs and highly scalable. New owner can choose to expand into new areas such as coding or venture across to other countries with this model. Currently owner only spends 2-3 hours daily to manage business as it has been 90% automated/delegated to the other staff

Sale includes the following 
1) Ongoing contracts (worth up to 400K) 
2) equipment (worth up to $30k), 
3)  licenses with relevant government authorities,  
4) course materials and 
5) list of trainers, vendors, suppliers, business contacts etc

If interested, please contact the seller through the form on this page.

Competition

Singapore is a small market. Competition is always present.

Expansion Potential

Able to branch out to other areas like Arts and camps

Buyer Support & Terms

Support and Training

Provided 2 weeks

Background & Skills

Serious owners who are willing to learn the trade and get their hands in the ground. Doing business is never a stroll in the park but the rewards are great.
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