Singapore  Singapore

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Listing ID: 13485 Last Refreshed: 10/08/2019 14775 Views

Tuition Agency With Master Franchising and Licensing Model For Sale

Asking Price <span class='currency'>S$</span>3,000,000

Overview

Financial Performance

Annual Figures
Revenue
S$30,000
Gross Profit
S$20K - 50K
Net Profit
S$15,000
Monthly Rentalt
S$0

Operations & Ownership

Year of Incorporation
2016
Owner Role
Full Time

Property Information

Premise Status
Rent
Premises Details User-entered information
1 North Bride Road #07-05

Operations & Growth

Reason For Sale

Retirement - Looking for an individual to bring Tuition Agency further.

Description


We are a tuition agency.
Our revenue comes from collecting 50% commission upon successful matching.


Right now House Tutor has:

1) 12 licensees [i.e we sold 12 licenses in Singapore]
2) 1 Master Franchise in India
3) 8000 tutors
4) 5300 tutors 
5) Monthly 400 - 500 leads
6) Current monthly revenue is $30k and we are projecting to grow to $100k in one year.


It is in my keen interest to establish House Tutor world wide.

A brief description of the House Tutor system:

a) Tutor [8000 tutors] / parent [5300 parents] database.
b) Mass emailing system.
c) Accounting system with invoice and receipt generations.
d) Telegram messaging system (done via personal Hp broadcasting).
e) We have question and answer module to create a community of learners.
f) Messaging system between tutor and parent.
g) Advertisement module for tutors and tuition centre.
h) Online payment and dispute module.
i) Online Video Conferencing - App available [Both ios and Android]



House Tuto has a unique business model which enable the business to sell
licenses locally in Singapore we are selling our licenses for $10000.

The Master Franchise is being sold for $100,000 

We are asking for $1.5million for 40% stakes in the company.


Facilities

nil

Competition

Branding & Building the online presence.

Expansion Potential

This tuition agency model [with the licensing model] is easily converted to a Master Franchise for global expansion.

Buyer Support & Terms

Support and Training

We will be running the company as the CEO and the COO. All other processes will be transparent to the investor.

Background & Skills

nil
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