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Listing Id: 33500 Last Refreshed: 08/12/2024 Total Views: 769

Profitable And Established Childcare In Prime B1 Building In Woodlands

WoodlandsChildcare and Kindergarten
Asking Price: S$1,200,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size 6070 sqft / 564 sqm
  • Monthly Rental S$17,440
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 15
  • Established 2021
  • Source Broker

Reason For Sale

Operator wants to divest and move funds to another business

Description

EduGrow.sg | Centre Code: EG40 | Whatsapp/Call: Benjamin 98807751 |
This is a profitable, well renovated and large capacity childcare located in a prominent building in Woodlands with great frontage.The centre has been growing steadily since opening and presents a great opportunity for an operator to come in to build up from here.
Starting a similar sized centre and growing from scratch will incur huge costs and time, save yourself that headache by taking over this established centre and profit from day 1 of operations.

Key Summary:
Capacity: Over 100 (with potential to increase by ~30 by converting the indoor playground areas to classrooms)
Enrolment: 60%+ full (uptrend since opening)
Size: A massive 6,070 sqft of indoor space, with outdoor playgrounds
Revenue: ~$100k/month
Staffing: 15 staff on payroll
Operating cost: ~$80k/month
Lease term: 3yrs, expires on Mar 2027
- Centre is GST registered

Centre is fully renovated, and comes with full CCTV setup. Centre is run mainly by the principal, and the operator does not need to be present. ZERO debt in the company. 4 enrichment programs offered by the centre (Chinese speech & drama, maths, sports and music). High demand from the large residential catchment nearby.

NDA is required before more info can be revealed.

Contact Ben at 98807751 today to learn more about this opportunity.

Visit Edugrow.sg to see other centres for sale!

Property Information

Rent
Premise Status
3+3 expiring in Mar 2027
Lease Term
6,070 sqft of indoor space, with outdoor play areas
Premises Details
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