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Listing Id: 24624 Total Views: 2697

(Sold) Rare Landed Preschool For Takeover In Kovan !!! Call 90670575

Ang Mo Kio

Date Closed: 12/05/2022

Asking Price: S$350,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$14,000 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 Full Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

no time to manage

Description

Is difficult in land-scarce Singapore to find a right site for a preschool or kindergarten. Landed Preschools are getting lesser and lesser due to tighter restrictions and compliances being imposed.

This International Preschool is a Singapore based premier preschool with quality setting that adopts a scientific and research based early years education curriculum alongside Play & Inquiry Based and Multiple Intelligences integrated approach to provide a holistic education for our children. The Preschool uses internationally recognised pedagogies and programmes to develop the children in the core executive functions of the brain, and self-regulation skills.

Situated in the affluent private residential vicinity in Kovan, the Preschool occupies a built-in area of 3391 sqft and a land size of 6216 sqft. Monthly rent is $14k. 5 classrooms

The Preschool has 25 students currently, the max capacity for the premises is 60 pax.

School fees per student is $980 monthly, there is no limit to the upside.

The school owner spends most of his time overseas, thus, has insufficient time in managing the preschool efficiently.

Sales price $350k excludes 3 months rental deposit

Interested buyers pls call Vincent @ 90670575 for discussion now !!! Thanks !

https://www.bradfordlimassociates.com/


Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.

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