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#Business ID: 25770

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Successful And Established Preschool/kindergarten Business For Sale

Business Location: Bukit Timar, Singapore

Asking Price: SGD 285,000 Revenue: SGD 250k to 500k Cash Flow: SGD 100k to 250k

Business Summary

Play-based foreign system preschool, with low teacher-student ratios, mix of expat and local teachers, operating successfully for over 28 years in Singapore.
Upper Bukit Timah/Toh Tuck area. Terraced House on corner section. Land Area: 3000sqft, Building Size: 1650sqft. URA Approved and MOE Registered. Low Rental, Good Capacity, and Profitable! On Going Business with 6 Lead & Assistant Teachers (plus Owner(s) teaching full time). Capacity: 36 (6 Infants & 14 Toddlers, 16 Preschool).
Current Base: 26 filled, with regular enquiries being received. Available Immediate or with handover period from current owner, to be mutually agreed.
Current and past enrolments, financial records, customer reviews and feedback, and Website available for viewing on request.

Monthly Revenue: $26,500 (current) to $36,000 (full)
Monthly Net Profit: $10,000 current to $13,500 full capacity (including Owner's salary+profit, teaching and managing business; $6,000 to $9,500 (based on New Manager employed @ $3500/mth)

Viewing Preference: Appointment only; Mon to Fri after 4pm; Sat & Sun 10am to 5pm; 1 days minimum notice.

Real Estate: Lease
Lease Terms: Two year lease, renewing in June 2021
Leasehold Rent: $55,200 (SGD) per annum

Please contact us for more details.

Property Details

Size:

1,650 sq. ft.

Years Established:

1992

Property Type:

Lease

Other Business Details

Business Location:

Toh Tuck Road area

Premise Details:

Corner section, Land 3000sqft, two storey terraced house 1650sqft

Planning Consent:

URA approval in place, renewal in June 2021

Business Operation Details

Employees:

7

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