Listing Id: 34389
Total Views: 1076
(Sold) Profitable HDB Childcare In Ang Mo Kio For Takeover
Ang Mo Kio
Date Closed: 26/05/2025
Asking Price: S$300,000(Neg.)
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
8
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Established
2005
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Source
Broker
Reason For Sale
Operator wants to retire
Description
EduGrow.sg | Centre Code: EG35 | Whatsapp/Call: Benjamin 80881201 |
Stable HDB void deck childcare since 2005 looking for new operator. Current operator is getting on in age and wishes to retire. Profitable centre, stable enrolment and minimal work needed. Can convert partially into infant care for more stable enrolment.
BUSINESS SUMMARY
Capacity: 74
Enrolment: 58 (Nov24)
Fees: $820
Revenue: $45.5k (Oct24)
Rental: $9,265 (after GST)
Lease term: 3yr expiring Mar 2026, renewable for 3 years w HDB
Staffing: 9 staff (including operator) - 1 principal (operator), 5 teacher, 1 admin, 1 cook, 1 cleaner
Staff cost: ~$25k (incl CPF), $6k salary for operator/principal
Monthly operating cost: ~$39.5k
Contact Ben 80881201 today to discuss this opportunity.
Visit Edugrow.sg to see for other centres for sale.
Netherlands