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Listing ID: 319390

With Four Year Licence - CPE Registered School For Sale

Singapore

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: SGD 100k to 250k

Cash Flow: SGD 0 to 100k

Business Description

The school has a four-year licence from the Council for Private Education (CPE) under the Enhanced Regulatory Framework (ERF). The licence has a long life, to the end of 2016.

The operation is highly efficient with running costs held at low levels. The rental for the 1000 sqare feet premises in central Singapore is S$5K. There is an open plan training area in highly conducive and attractive premises. Sales revenue varies between S$170,000 and S$220,000 per year and the profit (including owner’s drawings) ranges around S$100,000.

The school offers teacher training courses, creating new teachers of English to speakers of other languages (TESOL), an expanding and popular subject. Courses are registered with the CPE. A Memorandum of Understanding is in place with a UK University and negotiations are ongoing for their Masters programme to be delivered here. The school has built an excellent reputation in Singapore and beyond. Enquiries come from Internet marketing and word of mouth.

Distance learning is beginning, to provide an additional income stream.

A sole proprietorship 'The British International School' is registered with ACRA, the Singapore business registration authority, and is included in the package.

The curriculum is easily extendable with good school branding that does not restrict course subjects or target learners. It could be extended towards English language courses, government school curriculum tuition, business training or other areas.

The Director would be happy to support changeover with continued engagement for a period to help smooth transfer of activities.

Reason for sale: retirement age of Director

Property Details

Years Established:

7

Property Type:

Lease

Other Details

Business Location:

Central Singapore

Premise Details:

Restored shophouse, #02, in the Central Business District.

Operation Details

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Retirement age of Director

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