*** Images are for illustrative purposes only and may not reflect the actual listing condition.

BIZ - EDUCATION

Business for SALE PRE-Schools Childcare

Singapore, West - SG

Price Range

$150K - $400K

Capacity

Size

3000.0 sq ft

Rooms

Description

Childcare Centre for SALE

Location: In the West, Singapore (Near Jurong East)
Franchise: Not a franchise Ctr

Fees : Fees $1100-1600
Manpower: All are Locals or PR’s (no foreigner)

Premises Size: About 3000 sqft built up

The Ctr has a proper system

Monthly Financials
Current At Full Cap

Revenue is 35,000 73,000

Manpower 18,000 27,000

Rental 14,000 14,000

Others 2,500 7,000

(34,500) (48,000)

Profit (mth) 500 25,000
Profit (year) 6,000 300,000
Valuation $225,000 $ 950,000

Break-even High Profit

Asking $225k (negotiable);
GUARATEED at break-even
Failing which price reduced by $20k-30k

At full cap based on current Fee, the revenue is $72k; giving profit of $23-26k a month (ie. abt $300k a yr). Such profit gives the Ctr value >$750-$1mil. So even U made 2/3 profit of $17k, the annual profit = $200k giving sale price of abt $600k.

Its a good buy with low takeover (since its break-even & low overhead with low rental rate. Also, the Vendor will likely support for some time for Buyer to settle down.

Call KESH at 65-9009-9036
(note that all photos are for illustration)

Other Details

Other Childcare ctrs for takeovers

A. Big Childcare Ctr in Jurong;
Capacity~90; Flr area ~5000sqft, FD-fees at $1300, 11 staff, Big PlyGrd, Can divide the unit for other purpose, Low t/over Fee. Loss making $188k

B. Muslim Childcare ctr for sale in East;
Its a small Ctr of <40 capacity, loc in East (between Eunos to Bedok), almost break-even, students <20, FD Fees ~$1.1k, 5 staff, Outdoor PlayGrd, Rent $6.4k (include utility).

C. Childcare premises in the West;
Loc near Bkt Panjang, Fully fitted, PlayGrd, Rent $16k, Cap >60-75#. Only 20students
Low Takeover $50k