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Listing ID: 1905 Last Refreshed: 27/12/2019 32653 Views

Music School With Strong Branding Poised For Take Off

Asking Price <span class='currency'>S$</span>50K - 100K
Central Area Tuition and Enrichment Centers
Business For Takeover Look For Partner

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$3,400

Assets & Working Capital

Stock
S$1,000 Stock and inventory Price Included
FFE
S$70,000 Furniture, fixture & equipment Price Included

Operations & Ownership

Staff
6 Employee
Year of Incorporation
2005
Owner Role
Part Time

Property Information

Premise Status
Rent
Premises Details User-entered information
Bukit Batok (HDB) directly leased from HDB, paid $33k assignment fee. (Direct leasing from HDB - Low rental assured. ($2.1k, 1000sq. ft)
Bukit Timah Shopping Centre (400 sq ft)
Orchard Plaza (334 sq ft)

Operations & Growth

Information provided by the seller

Reason For Sale

Business succession planning, Business owner planning to retire

Description

School with very clear Vision, Strong branding and optimal business operation model with 2 branches strategically located in Upper Bukit Timah and Bukit Batok (HDB lease) looking for right investor or music teacher to take a stake and bring the business to the next level of expansion, both locally and overseas. 

Facilities

Locations strategically positioned for growth and future expansion.

Competition

Competitive but business very well positioned to be profitable and become market leader in terms of branding and strong operations.

Expansion Potential

Very well positioned because of strong branding based on sound track record, strong operations and teaching staff and very strategic leasing plans for the next 5-10 years.
Worked with branding consultant, business on the verge of takeoff both locally and regionally with the right candidate investor.

Buyer Support & Terms

Information provided by the seller

Background & Skills

Music teachers with strong financial backing and marketing and entrepreneurial spirit who wants an established platform to drive the business to the next level are also welcome to call for a preliminary discussion.
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