Singapore

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Listing Id: 3924 Last Refreshed: 07/05/2019 Total Views: 21202

Successful Kindergarten/Childcare,More than 250 students! Possible to expand to private school. Selling at less than 2x Revenue!

Central AreaChildcare and KindergartenPlaygrounds
Asking Price: S$750,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$5,000
  • Rental Desposit N/A
  • Revenue S$500K-1M
  • Liability S$0
  • Gross Profit S$200K - 500K
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 20
  • Established 2006
  • Source Direct Seller

Reason For Sale

Owner is looking to retire

Description

- Total of 3 branches
- Excellent location in mature areas

1)3km from Jb sentral/custom
2)Skudai/Sutera area
3) Setia tropika area

- total 270 students halfday.
- Possible to expand to Private school,facilities can cope.
- Revenue more than RM1.3 million a year
Per year profit approx RM 450-500 k a year.

Selling at RM 2.3 million ( SGD 740,000 ) Negotiable
- contact for a non-obligation viewing of all 3 premises :)

Business Operation

7-9pm
Business Hour
Full use of facilities as it shares a condominium facilites
Stand alone building have its own swimming pool as well
Facilities
other kindergartens, but none have the security and facilites
Competition
yes
Support and Training
Education/childcare
Background & Skills

Property Information

Rent
Premise Status
3+3
Lease Term
1) Stand alone Bungalow
2) Stand alone building with security house
3) Commercial shop
Premises Details
Yes, it can relocate to other place
Relocatable
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