Landed childcares are extremely rare, and this centre is located in the affluent East Coast area Full capacity (exceeding cap) and highly profitable with costs kept very lean, this presents an excellent opportunity for a stable investment. Capacity: 42 Enrolment: 46 (Jan25 - exceeding capacity approved by ECDA) Only 10 K1s and 2 K2s in 2025, so enrolment in coming 2 years will be VERY STABLE, mostly local students Fees: $1,490 (full day) Revenue: ~$65k Size: 6309 sqft (land size) Lease term: Till Mar27 Rental: $5,350 (extremely low!!) Staffing: 8 (1 Principal, 6 teacher, 1 cook/cleaner - 7 Singaporeans) Staff cost: ~$30/mth (incl CPF) Misc cost: $4.7k ($2k sch bus, $1.5k food, $1.2k others) Total monthly operational cost: ~$40k MONTHLY NETT PROFIT: ~$25k
Nearby Alphabet Preschool has changed to Mulberry and increased fees to >$2k, many parents are leaving and coming to this pre-school as its within the vicinity.
ASKING PRICE: $1.3m
Business Operation
Low and long rental Stable enrolment Full capacity Large outdoor playground
Facilities
1yr support during transition, option to acquire company/brand with no license/royalty fees