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Listing Id: 1010 Last Refreshed: 07/05/2019 Total Views: 20615

(Sold) Modern And Centrally Located English School In Singapore / Low Overheads

Central AreaSchools
Asking Price: S$60,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$4,300
  • Rental Desposit S$12,000***
  • Revenue S$10K - 20K
  • Liability N/A
  • Gross Profit S$5K - 10K
  • Net Profit S$5K - 10K
  • Stock S$500***
  • FFE S$50,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 0
  • Established 2014
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Due to other work commitments, unable to manage a full time business

Description

Centrally located English school within CBD, 2 minutes from the MRT
Low rental
Lifestyle options are abudant
Designer premises with all required soundproofing, 3 classrooms, bright pantry area, a small office and electronic bidet toilet
All professionally trained foreign teachers
Students are primarily affluent Japanese, Korean and Chinese nationals
Professionally designed branding and website and social media
Website drives strong traffic from Japanese and Chinese visitors with no investment required in online advertising
This is an ongoing business concern with great potential, unfortunately due to work commitments I am unable to run this business full time.
I'll personally spend time to support the new business owner in handover and training to ensure that it is successful.

Business Operation

3 months support and training
Support and Training

Property Information

Rent
Premise Status
2 years
Lease Term
Centrally located shophouse, 2 minutes walk from MRT
Premises Details
Yes, it can relocate to other place
Relocatable
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