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Listing Id: 34289 Last Refreshed: 08/12/2024 Total Views: 1071

Prime Huge Landed Childcare In Bukit Timah For Takeover

Bukit TimahChildcare and Kindergarten
Asking Price: S$1,000,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size 7776 sqft / 722 sqm
  • Monthly Rental S$13,200
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff 11
  • Established 2021
  • Source Broker

Reason For Sale

Operator wants to focus on other business

Description

EduGrow.sg | Centre Code: EG41 | Whatsapp/Call: Benjamin 98807751 |
This is a RARE huge landed 2 storey semi-D in a prime area spanning over 7700 sqft of land size with large outdoor playground, and with a large capacity of 85 children. Over $400k of renovation has been put in this place a few years ago, and this centre is perfect for anyone looking to enter the premium and lucrative high-end childcare segment in Singapore.

BUSINESS SUMMARY
Capacity: 85
Enrolment: 41 (only 3 K2s, with 5 on waitlist and a few other pending deposits)
Size: 7776 sqft (land size)
Fees: $2,200
Revenue: $80k+/month
Rental: $13,200 (very low)
Lease term: Expires Nov 2026
Staffing: 11 staff : 1 principal, 8 teachers, 1 cook , 1 admin (cleaning is outsourced)
Staff cost: $40k+/month
Monthly operating cost: ~$74k/month
- GST registered
- $400k renovation put in centre a few years ago
- Huge outdoor play area

Contact Ben 98807751 today to discuss this opportunity.

Visit Edugrow.sg to see for other centres for sale.

Business Operation

Enrolment has been growing steadily since inception a few years ago
Expansion Potential

Property Information

Rent
Premise Status
Expires Nov 2026
Lease Term
722.5 sqm land size, huge outdoor play area, $400k of renovation spent, unbeatable prime location
Premises Details
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