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

Description

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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