Listing Id: 15087
Total Views: 6581
(Sold) Education Service Provider For Sale In Singapore
Central Area
Date Closed: 10/12/2019
Asking Price: S$250,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$0
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Rental Desposit
N/A
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Revenue
S$500K-1M
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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
S$30,000***
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FFE
N/A
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Payable
N/A
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Receivable
-
Owner Role
Part Time
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Staff
2
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Established
2013
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Source
Direct Seller
Reason For Sale
Been running this for 7 years. Moving on to other businesses.
Description
We are a service provider that conducts non academic courses to local MOE and private schools. We have been around for more than 6 years and are consistently serving hundreds of schools yearly. Some of our popular courses include Music (instruments), Arts (painting) and Sport (water sport). We conduct our lessons in the school compound as well as public workspaces.
Business has been profitable with low fixed costs and highly scalable. New owner can choose to expand into new areas such as coding or venture across to other countries with this model. Currently owner only spends 2-3 hours daily to manage business as it has been 90% automated/delegated to the other staff
Sale includes the following
1) Ongoing contracts (worth up to 400K)
2) equipment (worth up to $30k),
3) licenses with relevant government authorities,
4) course materials and
5) list of trainers, vendors, suppliers, business contacts etc
If interested, please contact the seller through the form on this page.
Business Operation
Singapore is a small market. Competition is always present.
Competition
Able to branch out to other areas like Arts and camps
Expansion Potential
Provided 2 weeks
Support and Training
Serious owners who are willing to learn the trade and get their hands in the ground. Doing business is never a stroll in the park but the rewards are great.
Background & Skills
Property Information
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Singapore