Listing Id: 625
Total Views: 13657
(Sold) Specialist Music Tuition Business
Singapore
Date Closed: 09/02/2017
Asking Price: S$200K - 500K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$3,140
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Rental Desposit
S$6,200
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Revenue
S$20,000
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Liability
S$0
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Gross Profit
S$6,000
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Net Profit
S$6,000
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Stock
N/A
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FFE
N/A
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Payable
S$0
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Receivable
N/A
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Owner Role
Full Time
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Staff
2
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Established
2010
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Source
Direct Seller
Reason For Sale
Reluctant sale
Description
We are reluctantly selling our successful specialist Music Tuition business.We have been operating successfully since 2010.
The business is in a central location and employs 3 full time dedicated staff who oversee the lessons of some 110 students.
We have automated the business which allows for the daily management to occur remotely and have documented our tailored lesson plans.
There is huge potential to grow this business even further and a number of strategies can be discussed with the new owners.
The existing owners could also provide on-going support via a licencing fee - to assist with on-going training and development of the staff.
Business Operation
Monday to Saturday 10am till 8pm
Business Hour
4 fitted out music rooms with all equipment
Fitted out office including accounting and booking system
Installed CCTV
Facilities
No direct competition due to our specialised offering
Competition
Scale to accomodate additional teachers which will further increase revenue
Expansion Potential
Sound people and management skills along with an love an understanding for music
Background & Skills
Property Information
Yes, it can relocate to other place
Relocatable
Singapore