Singapore  Singapore

Sell a Business

Listing ID: 13485 Last Refreshed: 10/08/2019 Total Views: 9806

Tuition Agency With Master Franchising and Licensing Model For Sale

Central Area

Asking Price: S$3,000,000
Tuition Agency With Master Franchising and Licensing Model For Sale
  • Premise Type N/A Premise Size 1000sqft
  • Monthly Rental S$0 Rental Desposit S$0
  • Revenue S$30,000 Cash Flow S$20K - 50K
  • Gross Profit S$20K - 50K Net Profit S$15,000
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2016
  • Owner Role Full Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
saravanan kasinathan
Email Owner

Reason For Sale

Retirement - Looking for an individual to bring Tuition Agency further.

Description


We are a tuition agency.
Our revenue comes from collecting 50% commission upon successful matching.


Right now House Tutor has:

1) 12 licensees [i.e we sold 12 licenses in Singapore]
2) 1 Master Franchise in India
3) 8000 tutors
4) 5300 tutors 
5) Monthly 400 - 500 leads
6) Current monthly revenue is $30k and we are projecting to grow to $100k in one year.


It is in my keen interest to establish House Tutor world wide.

A brief description of the House Tutor system:

a) Tutor [8000 tutors] / parent [5300 parents] database.
b) Mass emailing system.
c) Accounting system with invoice and receipt generations.
d) Telegram messaging system (done via personal Hp broadcasting).
e) We have question and answer module to create a community of learners.
f) Messaging system between tutor and parent.
g) Advertisement module for tutors and tuition centre.
h) Online payment and dispute module.
i) Online Video Conferencing - App available [Both ios and Android]



House Tuto has a unique business model which enable the business to sell
licenses locally in Singapore we are selling our licenses for $10000.

The Master Franchise is being sold for $100,000 

We are asking for $1.5million for 40% stakes in the company.


Business Operation

24/7
Business Hour
nil
Facilities
Branding & Building the online presence.
Competition
This tuition agency model [with the licensing model] is easily converted to a Master Franchise for global expansion.
Expansion Potential
We will be running the company as the CEO and the COO. All other processes will be transparent to the investor.
Supporting and Training
nil
Background & Skills

Property Information

Rent
Premise Status
0
Lease Term
1 North Bride Road #07-05
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

Supporting Document

Email Owner
Your Name*
Mobile Number*
Email*
Message

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