United States

Sell a Business

Listing ID: 1223 Last Refreshed: 07/05/2019 Total Views: 24097

Language Centre For Sale! Fantastic Location

Marine Parade

Asking Price: S$150,000
Language Centre For Sale! Fantastic Location
  • Premise Type N/A Premise Size 926sqft
  • Monthly Rental S$5,800 Rental Desposit S$11,600
  • Revenue S$10K - 20K Cash Flow S$10K - 20K
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2012
  • Owner Role Full Time Staff 8
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
David Yeng
Email Owner

Reason For Sale

New business direction

Description

Language enrichment centre in a great location overlooking East Coast Park is up to sale of assets. 


New owner will take on current remaining lease (till April 2015), existing student base (about 30).


Seller will help with transition for one month. 


The takeover fee includes:

1) FSSD Certificate

2) All materials

3) Office Equipment

4) Deposit to landlord

5) Students base

6) Teachers base

7) Floor plan drawings/Sprinkler drawings by approved Engineer


Can be converted for office use.

Business Operation

9:30 ~ 21:30
Business Hour
Books Teaching Materials Office Equipment
Facilities
None in the vicinity for Adult classes
Competition
Can be expanded to include E-commerce. Option to co-share office Office can be used as regional HQ
Expansion Potential
One month transition assistance
Supporting and Training
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
3 years renewable
Lease Term
The office is well renovated. New owner can start business immediately Located at a prime location with sea view Highly accessible and near to city centre
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
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