Singapore  Singapore

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Listing Id: 32278 Last Refreshed: 11/07/2024 Total Views: 575

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
Look For Partner

Overview

  • Premise Type Office Building
  • Premise Size 7500 sqft / 697 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$50,000
  • 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 Part Time
  • Staff N/A
  • Established N/A
  • 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.

Property Information

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