Singapore  Singapore

Sell a Business

Listing ID: 13518 Last Refreshed: 26/05/2019 Total Views: 12816

Tuition Centre Business For Sale

Central Area

Asking Price: S$150,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd

Reason For Sale

Partners Have Diffrent Business Directions


πŸ’½ Established in 2011

πŸ’½ Business operation @

Farrer Park area

πŸ’½ Shop/biz operation :

πŸ‘‰πŸΌ monthly rental $6000

πŸ‘‰πŸΌ about 850 sq.ft.

πŸ‘‰πŸΌ balance lease about 14 months

πŸ‘‰πŸΌ cost of renovation about $25K

πŸ‘‰πŸΌ renovated in 2016

πŸ’½ Estimated monthly gross revenue about $15,750

πŸ’½ Monthly Expenses:

πŸ‘‰πŸΌ owner’s salary (Ops) $1,000

πŸ‘‰πŸΌ owner’s salary (Teacher) $3,500

πŸ‘‰πŸΌ Other teachers’ salary $5,000

πŸ‘‰πŸΌ admin staff $2,500

πŸ‘‰πŸΌ misc $800

πŸ’½ If buyer can teach and run ops, buyer makes $4500 per month

πŸ’½ If buyer also runs the admin function, buyer makes $7000 per month

πŸ’½ 105 students 

πŸ’½ No director fee

πŸ’½ 4 directors in the company

πŸ’½ Director’s involvement in the biz

πŸ‘‰πŸΌ Teaching and ops/marketing 

πŸ’½ Business name /website / Facebook 

- To be disclosed during meeting with buyer

πŸ’½ Staff : 

πŸ‘‰πŸΌ owner/teacher full-time, the rest are all hourly rate teaching staff

πŸ’½ Operating hour :

πŸ‘‰πŸΌ Mon to Fri 1pm to 8pm

πŸ‘‰πŸΌ Tues closed

πŸ‘‰πŸΌ Sat to Sun 9am to 5pm

πŸ’½ Current setup is 4 partners/directors. 

Easier for single owner/teacher to extract value ie. $4,500 to $7,000 depending on how owner organizes the Admin function

πŸ’½ Open for joint venture with new investor ?

- Please propose

πŸ’½ Selling price $150K negotiable

Thank you & blessings 

Property Information

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