Singapore  Singapore

Sell a Business

Listing ID: 21940 Last Refreshed: 07/04/2021 Total Views: 312

Successful Corporate Training Company (Ssg Registered Training Partner)

Central Area

Asking Price: S$3,500,000
Successful Corporate Training Company (Ssg Registered Training Partner)
  • Premise Type Office Building Premise Size N/A
  • Monthly Rental S$0 Rental Desposit S$0
  • Revenue S$2,800,000 Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2003
  • Owner Role Full Time Staff 50
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
John Seah Yam Sung
Email Owner
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Reason For Sale

Owner retiring

Description

Successful Corporate training company,(with 18 SSG funded courseware)

2 rented classrooms next to Chinatown MRT

A competent team of qualified ACTA trainers & several sales teams

Specialised in Innovation, Design Thinking, Sales & Value Creation, Leadership & Management Skills 

1) Individual self sponsored Learners can claim up to 90% funding from SSG

2) Remaining 10% can be paid through SkillsFutureCredit

3) SME companies can claim 90% funding plus Absentee Payroll Reimbursement

4) bigger non-SME can claim up to 50% funding

We are the only SSG RTP (Registered Training Partner) with Straits Times Headlings about our participant's innovation success stories

Business Operation

A) IP for 18 SSG Approved Courseware B) IP for Turning Ideas Into Gold book C) Co-ownership of IP with 12 authors for "Turning Ideas into Profit" book D) 25 teambuilding laser guns, machine gun + sniper accessories, + medical kits + VIP vests A pool of ACTA trainers who are trained in delivering the 18 courses (all on associate agreement basis) = no salary overhead :-) several business units of sales managers & associates (all on associate agreement basis) = no salary overhead :-) E) a portfolio of non SSG coursewares
Facilities
other SSG Registered Training Providers but no RTP has newspaper headlines success stories about their participant's innovations, we have 10! these are credentials and differentiators that our training and methodology works!
Competition
1) to create coursewares in other frameworks, like ICT 2) to upgrade to be PEI (Private Education Institution) to deliver diploma and degree courses 3) to deliver organisational consultancy because of our subject matter expertise e.g. innovation & design thinking 4) to deliver non-SSG funded courses and consultancy to other countries
Expansion Potential
Price include 6 months handholding, buyer can continue with the outsourced agreement (3 months notice) or to let it auto run till he is familiar to takeover himself for higher profit margin
Supporting and Training
Nil, as today the operations is run by an outsourced partner.
Background & Skills

Property Information

Rent
Premise Status
2 class rooms + admin office rental to take over on rental basis. currently operations is run by an out-sourced partner (3 months notice). new owner can relax and let the outsourced partner run everything. Or take an active role to learn to operate the processes (Process manual available), later hire his own staff to operate himself to double the profit. financial and other documents available to serious buyers.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Email Owner
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