Operator wants to divest and move funds to another business
Description
EduGrow.sg | Centre Code: EG40 | Whatsapp/Call: Benjamin 98807751 | This is a profitable, well renovated and large capacity childcare located in a prominent building in Woodlands with great frontage. Established 3yrs+ ago, the centre has been growing steadily and presents a great opportunity for an operator to come in to build up from here. Starting a similar sized centre and growing from scratch will incur huge costs and time, save yourself that headache by taking over this established centre and profit from day 1 of operations.
Key Summary: Capacity: 102 childcare (with potential to increase to 130 by converting the indoor playground areas to classrooms) Enrolment: 63 (with only 10 K2s leaving in 2024) Size: A massive 6,070 sqft of indoor space, with 2 outdoor playgrounds (812 / 430 sqft) Fees: $1580 (full day) / $1380 (half day) Revenue: ~$100k/month Staffing: 15 staff on payroll Staff cost: $54.3k/month (incl CPF) - only 1 on WP, the rest are SC/PR Rental: $16k + GST Lease term: 3yrs, expires on Mar 2027 Waitlist: 7 PG confirmed for 2025 - Centre is GST registered
Centre was fully renovated from scratch in early 2021, and comes with full CCTV setup. Centre is run mainly by the principal, and the operator does not need to be present. ZERO debt in the company. 4 enrichment programs offered by the centre (Chinese speech & drama, maths, sports and music)
Contact Ben at 98807751 today to learn more about this opportunity.
Visit Edugrow.sg to see other centres for sale!
Business Operation
Centre has been enjoying growing enrolment since inception in 2021 and is now poised for future growth. Already profitable and has a strong team in place. Has the potential to increase to 130 capacity (or more) by converting indoor playground to classrooms, as there is already 2 outdoor play area that is secured by the centre.
Expansion Potential
Property Information
Rent
Premise Status
3+3 expiring in Mar 2027
Lease Term
6,070 sqft of indoor space, 2 outdoor play area of 812 sqft and 430 sqft
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