Malaysia

Post Ad
Listing Id: 5424 Last Refreshed: 07/05/2019 Total Views: 14967

(Expired)Profitable Tuition Centre For Sale

BedokTuition and Enrichment Centers
Asking Price: S$280,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$3,000 Rental Desposit N/A
  • Revenue S$200K - 500K Liability N/A
  • Gross Profit S$100K - 200K Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Investor Staff 3
  • Established 2011 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
James Low Citi Commercial Pte Ltd

Reason For Sale

Looking at other business opportunities

Description

Please see the information on the Tuition Centre below:

Property Information:
Size: 700sf
Current Fixed Rental Price: $3,000/month
Lease term: 5 years from June 2017
3 Classrooms

Business Information:
Current Student Count: 140 students
Subject Count: 280 subjects
Annual Revenue: $350k to $400k
Nett Profit: Approximately $100k

HR Expenses
Includes Full & Part-time teachers, admin and cleaners: $12,000 to $13,000 per month

Inventory system and equipment:

CMS System to keep track of
- HR and Payroll
- Accounts
- Student records and attendance
Worth Approximately => $70,000/- (5 years ago)

Computer/Printers/Interactive Boards
Worth Approximately => $30,500/- (2 years ago)
Renovation Cost: $50,000/- ( 1 Year ago)
Brand name of the tuition centre (Word of mouth effect) + In-house teaching materials: Worth approximately 30,000 to $40,000

Expected ROI within 2 to 3 years.

Training to be provided on how to manage the centre.

Call James @ 8180 3752 now to find out more

Business Operation

To at least have some knowledge in education as te centre teaches from K2 and prepare the students to take on PSLE and O Levels examination.
Background & Skills

Property Information

Rent
Premise Status
5 year from June 2016
Lease Term
The centre moved from a few blocks away last year into the current premise. It has been operating since 2011 and the students come mainly through "word of mouth" from existing and old students.
Premises Details
/

Just a moment... we are processing the request