Listing Id: 32278
Last Refreshed: 11/07/2024
Total Views: 618
(Expired)Profitable Turnkey Childcare/Preschool For Sale In High Growth Area
Ang Mo KioChildcare and Kindergarten
Asking Price: S$580,000
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
7500 sqft / 697 sqm
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$50,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Owner is focusing on overseas market, looking to diversify.
Description
A boutique childcare located near Lentor/Yio Chu Kang/Ang Mo Kio area with a proven curriculum and dedicated staff team. The childcare premise is newly renovated, only about 2 years old. It has a generous space of 7500 square feet inclusive of a 2000 square feet outdoor playground. Staff team is dedicated, motivated and reliable, turnover rate of the team is low.
Owners have painstakingly spent the last 5-7 years to build the school and put in place the structure and system, as they are now based primarily overseas, they are looking for a new investor to takeover the business and bring it to greater heights. The childcare is located in a high growth area. Apple Headquarters is just a stone's throw away and they have just announced an expansion (https://www.channelnewsasia.com/singapore/apple-ang-mo-kio-campus-250-million-expand-4274201). There are also 4-5 new condo developments in the Lentor area, which are less than 5 mins' drive away, and a number of BTO developments around the vicinity, signifying a potential for growth. As the owners are based overseas, they are looking for an astute investor to takeover and grow the school.
Singapore