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Sale SGD 333,000

School Biz (Adult) for TakeoverDistrict 07

  • Built-up : 1200 sq. ft.
  • Land area : -
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School Biz (Adult) for Takeover

Takeover of a CPE registered Private School 
o Its a 4-yr approved school (currently vying for Edutrust status) 
o Located in City area with superb amenities 
o Its long established no exceptional liabilities 
o Its reasonably renovated 
o Premises size is 1200sf but occupying 2000sft
o The premises consist of Reception, 3-Classrooms & Office 
o The School has 50-seats in one seating. 
o Its on central Air-Con. 
o It has programs in Commerce, English, preparatory, short-courses, etc 
short courses include customer service, problem handling, business writing etc.
offering Cert, Diploma, Graduate Diploma, etc 
o Having low overheads of about $20k pm. 
o Have 3-permanent & 5-8 part-time staff & Tutors. 
o Reasonably low rent of $4k pm 
with option to relocate relatively easily
o Have more than 100 students. 
o Have good database of Tutors
o Got Website. Good brand name
o Have good network with UK College & professional bodies 
o Having revenue of more than $300k 
o Profitable at about $50-80k 

Asking S$333k for 100% 
OR wants a JV partner for abt 23% stake at $88k 
o Sold on Going concern without outstanding liability
Buyer gets a whole ongoing school with proper basic set-up
o Can grow fast by merely marketing the existing courses
o Can be re-package to vie for EduTrust;
If succeed, the school will immediately worth > $1mil
When would U like to visit them? Hope to hear you soon. 

Thank you & Regards,
KESH (Director, BizMerger) 
Sms 90099036 / kesh.muthu@ga.com.sg
(All details are subject to your verification)

Property Details

Building Name:
School Biz (Adult) for Takeover
QuickPro No:
IPL17465660
Property Type:
Office
District:
District 07
Built-up:
1200 sq. ft.
Asking Price (PSF):
SGD 277.5