Singapore Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Business Focus: Specialises exclusively in Chinese enrichment programmes.
Years of Operation: 19 years.
Staffing: Team composition and retention arrangements to be confirmed.
Financial Highlights
Takeover Fee: S$1.5 million (negotiable).
Financial information available on enquiry, subject to confidentiality arrangements.
Premises
Size: Approximately 1,615 sqft / 150 sqm.
Rental: Previously advertised at S$16,150/month; current rental and new lease terms to be agreed with the landlord.
Property Purchase Option: Property asking S$5 million. Business and property may be sold separately or together, with a larger discount for a combined purchase. Package terms negotiable.
Remarks
Established Chinese enrichment business in the Bukit Timah area.
According to the seller, customers have come through referrals, with limited current new-media marketing activity.
Potential for an incoming operator to explore digital marketing.
Reason for Sale: Founder retirement.
Please enquire for further information. Meetings can be arranged after an initial discussion.
Image is an illustrative stock photograph, not the actual premises, students or staff.
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