Singapore  Singapore

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Listing Id: 15828 Last Refreshed: 28/06/2019 Total Views: 2543

Looking for an individual to take over a blossoming Tuition Center

SerangoonTuition and Enrichment Centers
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type Neighbourhood Premise Size
  • Monthly Rental S$2,400 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 Investor Staff 5
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Email Owner

Reason For Sale

Busy with other commitments

Description

This tuition centre is selling below valuation as owners do not have the time to run it properly. It has potential as it already has several classes with minimal owner's involvement. A motiviated individual with the willingness to invest time and money will surely be able to grow the centre.

The centre has been setup to operate and only require new owners to invest in promoting and marketing services. Current owners feel it would be a pity to close it down so would prefer an someone to take over and grow it.

Centre can be utilized as a student care as it is within 100 meters from a reputable primary school. Feasibility studies was done in January and there is great potential for this portion of the business to grow.

The centre has 4 classrooms with each able to take up to 12 students and a manager's office. Classrooms are eqiuipped with Projectors, Screens, whiteboards, table and chairs.

The centre is equipped with its own copy machine, mini fridge, wifi/broadband enabled and all fittings and fixtures are in excellent condition.

Do contact me for a viewing.

Business Operation

1 Malay Tuition Centre in the next block.
No other centre offering full range of subjects.
1 student care within primary school
1 student care about 800m away
Competition
New Owners can consider Student Care Services.
New Owners can also consider Enrichment classes for pre-schoolers.
There are no tuition centres focusing in mother tongue in the area and this is one area of potential expansion.
Current marketing efforts has been localised and market beyond 1km of the centre has not even been touched. Potential to grow is there.
Expansion Potential

Property Information

Rent
Premise Status
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