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Listing Id: 34389 Last Refreshed: 28/11/2024 Total Views: 422

Profitable HDB Childcare In Ang Mo Kio For Takeover

Ang Mo KioChildcare and Kindergarten
Asking Price: S$300,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • 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 8
  • Established 2005
  • Source Broker

Reason For Sale

Operator wants to retire

Description

EduGrow.sg | Centre Code: EG35 | Whatsapp/Call: Benjamin 98807751 |
Stable HDB void deck childcare since 2005 looking for new operator. Current operator is getting on in age and wishes to retire. Profitable centre, stable enrolment and minimal work needed. Can convert partially into infant care for more stable enrolment.

BUSINESS SUMMARY
Capacity: 74
Enrolment: 58 (Nov24)
Fees: $820
Revenue: $45.5k (Oct24)
Rental: $9,265 (after GST)
Lease term: 3yr expiring Mar 2026, renewable for 3 years w HDB
Staffing: 9 staff (including operator) - 1 principal (operator), 5 teacher, 1 admin, 1 cook, 1 cleaner
Staff cost: ~$25k (incl CPF), $6k salary for operator/principal
Monthly operating cost: ~$39.5k

Contact Ben 98807751 today to discuss this opportunity.

Visit Edugrow.sg to see for other centres for sale.

Property Information

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