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Listing Id: 16014 Last Refreshed: 08/04/2021 Total Views: 1983

(Expired)Childcare Centre (Cap 97)With Base For Takeover In The Heart Of Suntec City And Raffles

Central AreaChildcare and Kindergarten
Asking Price: S$85,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$38,000 Rental Desposit N/A
  • Revenue S$120,000 Liability N/A
  • Gross Profit N/A Net Profit S$30,000
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role N/A Staff 10
  • Established 2013 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
George Lau Wai Shyan

Reason For Sale

Due to other business commitments

Description

Boulevard

1. Childcare Centre (in shopping mall with supreme frontage) nestled in Banking & Financial district, CBD, CCR, plus near Private Condo and Tanjong Rhu private enclaves f

2. Near Esplanade MRT and City Hall MRT. Supreme corporate catchment area comprising White Collar working parents and foreign expatriates. Also near to top notch condos like South Beach Residences, DUO Residences, Concourse Skyline and CityGate.

3. Priority will be given to Interested Operators or Discerned Investors who are keen to takeover students' base, staffs and infrastructure. Note that exclude Branding & curriculum

4. The rental are under Private Mall Landlord subject to GST, note that takeover fee does not include rental deposit. Cheap rental, Current Rental is hovering around $6.30 PSF

5. Premise Size is 5721SqFt and ECDA Approved Capacity is 97 Max

6. Current Enrolment 70% gearing up. Future Potential upside

7. Modern Facade with Prominent Double Frontage with high footfalls and car traffic.

8. Asking takeover price of the childcare Centre with state of art facilities plus students and staffs is $850K

***PRICE is slightly nego only exclude rental deposit.
NOTE that Lowballer kindly excuse yourself. ***

*** NEED TO SIGN NDA form prior to meeting current operator and site viewing ***


Property Information

Rent
Premise Status
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