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Listing Id: 3112 Last Refreshed: 26/05/2019 11105 Views

Rare Profitable Business for Sale: Maths Learning Center with Low Rental, Stable Income and Further Growth Potential in Jurong East Central

Closed
Asking Price <span class='currency'>S$</span>100K - 200K
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$200K - 500K
Gross Profit
S$50K - 100K
Net Profit
S$50K - 100K
Monthly Rentalt
S$1,900

Business Operations & Assets

Year of Incorporation
2013
Owner Role
Part Time
Premise Status
Rent
Rental Deposit
S$8,200
Premises Details
It is located in Jurong East Central, a convenient location and popular learning hub in the West, with parents coming from Chua Chu Kang, Clementi, Jurong West, Bukit Batok, etc.

Business Details

Reason For Sale

Relocation

Description

This is a Maths learning center set up for almost 4 years with solid profit and further growth potential:-

-Profitable franchise business in Maths learning for K1- P6 children (MOE syllabus). Comprehensive sets of teaching materials are provided.

-Turn-key business with stable customer base (close to 100 learners) and on-going business

-Low rent in HDB premises: $1900 p.m.--with strategic value of ensuring stable and low rent in the long term as opposed to renting from private landlords

-Prime location in Jurong East Central, just a few minutes
from public transport and shopping malls; learners come from Jurong
East, Jurong West, Bukit Batok, Chua Chu Kang, Clementi, etc.

-Extra capacity for further growth; possible for running additional non-competitive programme (subject to approval)

-Private limited company established in 2013

-Fire safty certificate and MOE registration

-Proper financial reports done by accounting company


This is a rare opportunity for investing in a sound business with stable income. It took time to build the customer base to a profitable size and the owner intended to keep this business for the long haul, but is selling it due to family relocation.




Expansion Potential

New owner can run additional non-competitive programme in the centre (subject to approval)
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