Singapore  Singapore

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Listing ID: 14994 Last Refreshed: 07/05/2019 17852 Views

*Rare Opportunity* Child Education Business With Recurring Contracts

Asking Price <span class='currency'>S$</span>1,200,000

Overview

Financial Performance

Annual Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
S$350,000
Monthly Rentalt
Not Provided

Operations & Ownership

Year of Incorporation
2009
Owner Role
Full Time

Property Information

Premise Status
Rent

Operations & Growth

Reason For Sale

Retiring - to spend more time with family

Description

Established since 2009.  We are the market leader in the pre-school industry.


We hold 3 enrichment brands/subjects under us. We are the leading provider to premium and mass market schools in Singapore. The portfolio we own consists of the top name brands in Singapore.


Child education industry is a weather proof industry. We are not a child care or a kindergarten. However, they are our clients. Our business model is a rare highly profitable model that have low overheads and high profit margins.


Apart from schools, we also work with the public and corporations. Big name corporations are part of our recurring clients.


Our net profit is at an approximate of $350,000 / year. By buying this business, you are not just buying an established business and brand. You will also be taking over our strong pool of recurring clients (recurring contracts). This business is built in such a way where by you will take over an extremely profitable business right away. Guaranteed profits going forward with our established base of recurring contracts.


Apart of our existing clients, our business has a strong lead generation model which we have heavily invested in. You will be taking over that as well. In essence, the whole business will be handed over to you with our inventory included.


Our business has 4 main revenue streams (preschool enrich is only 1 of them). At our current stage of $350,000 net profit, we have only barely scratched the surface. The company have tremendous potential to generate over a million dollars in net profit.


Take over fee $1.2mil. Includes recurring contract, business lead system and inventory.


For the new buyer. Prior experience in this industry is not necessary. The owners will hand over the ropes to you.


Such a profitable business with recurring profits does not come by easily, however, we are looking to hand over the company to a dedicated person as this business is our baby and we want to see it go to the right hands.



Buyer Support & Terms

Support and Training

Support and Training provided

Background & Skills

Prior experience is not necessary
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