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Successful And Established Preschool/kindergarten Business In Singapore For Sale

Singapore, Bukit Timar, Singapore
Asking Price:
$285,000 (SGD)
Sales Revenue:
$250K - $500K (SGD)
Cash Flow:
$250K - $500K (SGD)

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.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Two year lease, renewing in June 2021

Leasehold Rent:

$55,200 (SGD) per annum

Location:

Toh Tuck Road area

Premises Details:

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

Size in square feet:
1,650
Planning Consent:

URA approval in place, renewal in June 2021

Business Operation

Employees:
7
Years established:
1992

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