Singapore  Singapore

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Listing Id: 31597 Last Refreshed: 21/04/2024 Total Views: 410

Established Childcare Center For Sale

ClementiChildcare and KindergartenSchools
Asking Price: S$650,000
Business For Takeover
Look For Investor
Look For Partner
William Choo Bivety.Co

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  • Overview
  • Reason For Sale
  • Description
  • Premium Buyer

Overview

  • Premise Type N/A
  • Premise Size 6000 sqft / 557 sqm
  • Monthly Rental S$15,000
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Migrating

Description

Asking $600k
Maximum Capacity: 68
Current Capacity: 32 + 3(enrolled, paid pending commencement)

Monthly Rental: $15k+
Floor Area: sqft approx. 6000sqft
Lease Expiry: 3yrs+3yrs from oct 2023

March revenue: $42k
Estimated monthly Staff wages: $(CPF inclusive) $31k (excluding director)
No. of Staff (Excluding Director) : 13

CURRENT STAFF BREAKDOWN
principal x1
Teachers x 10
cook x1
cleaner x 1

Miscellaneous Costs (food): $(estimate) $1000
Monthly Utilities: $ (estimate) NA

Year of Last Fee revision done: 2023
Childcare license validity period: Renewal in Progress May 2024

CLASS BREAKDOWN
Infant: 13
Playgroup:3
N1: 3
N2: 4
K1: 5
K2: 3

School fees:
Infant $1730

$ (Childcare):
PG/N1: $1400
N2/K1/K2: $1250

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