Singapore  Singapore

Sell a Business

Listing ID: 21495 Last Refreshed: 24/02/2021 Total Views: 1361

Successful And Established Preschool/Kindergarten Business @ Upper Bukit Timah, For Sale

Bukit Timah

Asking Price: S$285,000
  • Premise Type Neighbourhood Premise Size 1650sqft
  • Monthly Rental S$4,600 Rental Desposit S$2,400***
  • Revenue S$20K - 50K Cash Flow N/A
  • Gross Profit N/A Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 1992
  • Owner Role Full Time Staff 7
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Greg Gummer
Email Owner

Reason For Sale

Confidential, to be advised on request

Description

Play-based foreign system preschool, with low teacher-student ratios, mix of expat and local teachers, operating successfully for over 28 years in Singapore.

Upper Bukit Timah/Toh Tuck area. Terraced House on corner section. Land Area: 3000sqft, Building Size: 1650sqft. URA Approved and MOE Registered.  Low Rental, Good Capacity, and Profitable! On Going Business with 6 Lead & Assistant Teachers (plus Owner(s) teaching full time). Capacity: 36 (6 Infants & 14 Toddlers, 16 Preschool). 

Current Base: 26 filled, with regular enquiries being received. Available Immediate or with handover period from current owner, to be mutually agreed.

Current and past enrolments, financial records, customer reviews and feedback, and Website available for viewing on request


Monthly Revenue: $26,500 (current) to $36,000 (full)

Monthly Net Profit:  $10,000 current to $13,500 full capacity (including Owner's salary+profit, teaching and managing business);

                                $6,000 to $9,500 (based on New Manager employed @ $3500/mth)


Enquiries: Call +65 83220390; Email: super_gumbi@yahoo.com

Viewing Preference: Appointment only; Mon to Fri after 4pm; Sat & Sun 10am to 5pm; 1 days minimum notice.

Business Operation

Corner section with 3000sqft land and two storey terraced house 1650sqft, with fire protection certificate. Sale includes all tools and equipment, toys, play equipment and soft surfacing.
Facilities
Currently operating 3 classes with potential to add a 4th classes which has been operated in the past.
Expansion Potential

Property Information

Rent
Premise Status
2 years lease ends in July 2021
Lease Term
Email Owner
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