Listing Id: 32428
Total Views: 1527
(Sold) Prime Landed Childcare In Novena Area For Takeover
Novena
Date Closed: 09/08/2024
Asking Price: S$300,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
3500 sqft / 325 sqm
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Monthly Rental
S$28,500
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
9
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Established
2006
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Source
Broker
Reason For Sale
Operator looking to retire
Description
Long-running landed childcare centre located in the heart of Newton/Novena area for takeover.
Landed childcare centres are rare to come by, and this is a great opportunity to enter the high end lucrative market.
- Land size: 6222 sqft
- Built-up: Approx 3500 sqft
- Capacity: 66 childcare
- Enrolment: 25 childcare
- Fees ~$2k/month
- 2 storey charming landed childcare centre
- Located along main road with great visibility
- Operator retiring
Takeover fees applies. Call/Whatsapp Ben at 98807751 for details.
I specialize in childcare takeovers and have other childcare centres on hand. Enquire now for a no obligatory discussion.
Business Operation
Rental lease of a landed approved for childcare, staff employment contract, fixtures and fittings, teaching materials, student enrolments
Facilities
Has 41 more student enrolment spots that can be filled up with the right marketing
Expansion Potential
Property Information
Lease ends Aug2024, long lease can be signed with landlord
Lease Term
Landed 2 storey building, land size 6222sqft, built-up approx 3500 sqft
Premises Details
Finland