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

BIZ - EDUCATION

Business for SALE College, Training Ctr Higher Education Ctrs

Singapore, Central - SG

Price Range

$400K - $900K

Capacity

Size

4000.0 sq ft

Rooms

Description

CPE School for sale

• Its a CPE School (with ERF licence)

• In the business of Personal care
• Located in City outskirt.
• Have a dozen courses

Including Cert & Diploma

Good accreditation programs

• Sizeable Manpower
15-18 Staff & Marketers
• Good paid up capital
• well established >12yrs
* Buyer can try for Edutrust, soon after acquisition

* Vendor provides after sale support ~1yr

* Its Profitable ~$200k
* Its Gst registered

About the premises

• The premises owned by the School
• The premises is ~2150 sqft

• Reno & equip valued $100k
• The Rent (Instalment) ~ $200k/yr

• The property valued $3.88mil

Financials (Annual)

• Sizable Revenue of $1.6mil

• Staff cost (exclude marketers) $345k

• Rental $200k
• Profit ~200k (Cost ~$1.4m)

The Sale includes with

1. An operating College $280-480k
2. On-going Business -$600-750k

3. The Property ~$3.9mil
4. The Company

Asking $4.8mil (Negotiable)

Regards, KESH Muthu
Ceha,Sg, Liam,My, Cima,Uk
BizMerger/ HuttonsAsia (R018049E)
Mob: 65-9009-9036 (Sg)/ 6010-702-6377(My)

Pictures attached are for illustration only
Upon NDA, prospect could access to accurate facts & Vendor

Other Details

The property is registered/owned by a Company; it allows for
* Easy transaction & shareholding
* Enable to secure easier & cheaper Bank loans
* Buyer could buy both the business & property with $2-3mil cash, with credit support
* Stable operation since need not shift premises & facilitate smooth expansion

Other advantages of this deal
* The reno & assets is worth about $100k
* Vendor offers after sale support
* Can easily get 4-yr ERF on renewal
* Buyer can apply for Edutrust with some enhancement
* Enables GST reclaim.

Interested in this property?

Kesh Muthu

Director