Singapore

Sell a Business

Listing ID: 5424 Last Refreshed: 07/05/2019 Total Views: 13231

Profitable Tuition Centre For Sale

Bedok

Asking Price: S$280,000
Profitable Tuition Centre For Sale
  • Premise Type N/A Premise Size 750sqft
  • Monthly Rental S$3,000 Rental Desposit N/A
  • Revenue S$200K - 500K Cash Flow N/A
  • Gross Profit S$100K - 200K Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2011
  • Owner Role Investor Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
James Low Citi Commercial Pte Ltd
Email Owner

Reason For Sale

Looking at other business opportunities

Description


Please see the information on the Tuition Centre below:


Property Information:

Size: 700sf

Current Fixed Rental Price: $3,000/month

Lease term: 5 years from June 2017

3 Classrooms


Business Information:

Current Student Count: 140 students

Subject Count: 280 subjects

Annual Revenue: $350k to $400k

Nett Profit: Approximately $100k 


HR Expenses 

Includes Full & Part-time teachers, admin and cleaners: $12,000 to $13,000 per month


Inventory system and equipment:


CMS System to keep track of

- HR and Payroll

- Accounts

- Student records and attendance

Worth Approximately => $70,000/- (5 years ago)


Computer/Printers/Interactive Boards

Worth Approximately => $30,500/- (2 years ago)

Renovation Cost: $50,000/- ( 1 Year ago)

Brand name of the tuition centre (Word of mouth effect) + In-house teaching materials: Worth approximately 30,000 to $40,000


Expected ROI within 2 to 3 years.


Training to be provided on how to manage the centre.


Call James @ 8180 3752 now to find out more

Business Operation

To at least have some knowledge in education as te centre teaches from K2 and prepare the students to take on PSLE and O Levels examination.
Background & Skills

Property Information

Rent
Premise Status
5 year from June 2016
Lease Term
The centre moved from a few blocks away last year into the current premise. It has been operating since 2011 and the students come mainly through "word of mouth" from existing and old students.
Premises Details
Email Owner
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