Singapore  Singapore

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Listing Id: 36555 Last Refreshed: 18/04/2025 Total Views: 73

Mind Centre For Learning Pte Ltd

SerangoonTuition and Enrichment Centers
Asking Price: S$100K - 200K
Business For Takeover
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Overview

  • Premise Type Neighbourhood
  • Premise Size N/A
  • Monthly Rental S$3,000
  • Rental Desposit S$6,000***
  • Revenue S$20K - 50K
  • Liability S$0
  • Gross Profit S$20K - 50K
  • Net Profit S$5K - 10K
  • Stock S$0
  • FFE S$10,000***
  • Payable S$0
  • Receivable S$0
  • Owner Role Full Time
  • Staff 1
  • Established 2009
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owners want to retire

Description

The owners of Mind Centre have helped hundreds of Primary, Secondary & JC students achieve A’s & multiple grade improvements in their examinations over the past 15 years. Using our Fast & Systematic Learning Methodologies, we've had the joy of helping 5 of our past students enter Medical faculty and others enter Law, Pharmacology, Engineering, Accounting, Dentistry, Veterinary Medicine, Science and other University faculties!
Please refer to our website https://www.mindcentre.com.sg for more details. Owners are now overseas and can only communicate through WhatsApp.

Business Operation

1 reception area, 4 tution rooms and 2 store rooms
Facilities
Although there are many tuition centres in Singapore, Mind Centre at Serangoon has been in business since 2009. Its website has been ranked on the 1st page of google search.
Competition
This is the frist franchisee of the Mind Centre System. If owner is growth focus, the master franchisor can be on sale to this new owner in 2 years time.
Expansion Potential
Yes, this is franchise business.
Franchise
Owner is also the master franchisor and will continue to guide the new owner to run the business.
Support and Training
Has tutoring experience
Background & Skills
Yes, seller financing is available.
Flexibe
Seller Financing

Property Information

Rent
Premise Status
Lease ends Nov2025 but renewable for next 3 years and so forth.
Lease Term
HDB premised and monthly rent has been fixed at $3K/month since 2013. It is located above Giant which has foot traffic. Premise has a lift and common toilets on the same floor. There is a cluster of tuition centres in this HDB building.
Premises Details
Yes, it can relocate to other place
Relocatable
Send Enquiry
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