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Listing ID: 3676
Total Viewed: 5156
Last Refreshed: 19/09/2018

Top Primary School Science Specialist, Awarded By Parents World Magazine As The Best Personalised Science Programme 2016/2017

Marine Parade

Asking Price : SGD100K - 200K

Revenue: SGD20K - 50K

Cash Flow: Not Disclosed

Payable: SGD12,000

Established: 2016

Gross Profit: Not Disclosed

Inventory: SGD10,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: SGD5,000

FFE: SGD30,000

Staff: 4

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Quarterly average

Reason To Sell
Has another education centre and a home-based business, thus unable to dedicate time and attention on Science Cube
Business Description

Science Cube is currently the top Primary School Science Specialist in Singapore, providing the best personalised and customised programme for our students, in line with MOE's syllabus. 

Our team comprises of dedicated teachers and operations staff, who have 9 to 17 years of experience in this industry. The whole teaching team was pioneer teaching staff from Science Buddies (yr 2000-2016) then to Science Alive (2013-2016) and now Science Cube. Currently, the following expansion plans have been executed:

1. Science Cube has been awarded by Parents World Magazine as the BEST PERSONALISED SCIENCE PROGRAMME 2016/2017 (write-up and certificates will be provided upon request). 


2. Science Cube's students get to explore Science in the real world and not just out of their textbooks, tutorials and worksheets. Our experiment and inquiry-based programmes empower our students to learn Science in the way best suited to them.


3. Science Cube had participated in the mega education fair, organised by Times Experience from 10 to 13 November 2016 at Singapore Expo, Hall 4. This fair has managed to secure new students in the centre for 2017.


4. Science Cube HQ is located at Parkway Centre, a strategic location in East Coast/Marine Parade.


Science Cube plans to expand further in Singapore and various parts of South East Asia like Malaysia, Indonesia, Thailand as well as Korea, we have opened up the following options for investment/funding or a full take-over based on your preference, outlook as well as for the future of the company, staff and students.


A) Investment of a minimum of $10,000 into the company.

 Payouts are proposed as follows:


i) If it is a short-term investment for a minimum of 2 years, a 15% returns, payable in 2 parts; at year end of 2017 and 2018. Principal to be paid out together with the returns, in 2 payments as well.


    Eg Principal $50 000

        15% of $50 000 = $7500


        $3750 to be paid in 2017 with $25 000 principal and another $3750 to be paid in 2018 with the remaining $25 000


OR


    - a 20% returns at the end of 2018, together with the lump sum of the principal.

 



However, should a takeover is preferred, options are as follows:

 

B) A FULL takeover of the whole entity with branding, existing awards, premise with fixtures and renovations FSSB certified worth $40,000, existing student base and new students, teachers, sales staff and lesson plans at SGD150, 000 (negotiable). No hidden charges or additional admin costs as all takeover costs and charges like legal, ACRA and bank account amendment details charges will be incurred by current business owner.

OR

C) A FULL takeover of the whole entity with premise with fixtures and renovations FSSB certified, existing student base and new students, teachers, sales staff and lesson plans EXCEPT AND NOT INCLUSIVE of branding (name) and awards at SGD100, 000 (non-negotiable). No hidden charges or additional admin costs as all takeover costs such as legal charges will be incurred by current business owner.

All the agreements/contracts above will be properly prepared by our legal advisor/corporate lawyer (ARLC) in order to protect all parties involved legally.

 



Business Operations
Business Hour:
10am - 6pm
Staff:
3 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
873sqft
Rental Fee:
SGD4,000
Rental Deposit:
SGD4,000 (included in selling price)
Lease Term:
1 year
Premises Detai:
Fully renovated with FSSB certified
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Personalised lesson plans, Equipments, apparatus and chemicals for experiment-based lessons
Competition:
New and existing tuition centres and education centres
Expansion Potential:
Please refer to attachment. Put up for business analysis and outcome was highest potential of expansion. Guaranteed increase in sales if enrolled in Business Mentorship Programme with Growth Tribe.
Seller Financing Available:
Yes
Supporting Documentation

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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