Childcare for Sale at East Coast, Singapore - Childcare for takeover
* Childcare located in area around N-East and North
Areas of CCK to Woodlands, YCK, ToaPayoh to Sengkang in NE)
* Max capacity about 60 students
* Enrolled mainly local childrens totaling abt 30#
* Low Rent $8800
* Staff and Worker 8#
* Private premises (Not HDB)
* Breakeven
* Selling b'cos weak Management and operation
* Asking fr $388,000
IF managed well; and with better enrolment ........
* Revenue can be $60k
* Cost: $29k (Staff-$18.7k, Rent-$8.8k, Others-$2.5k)
* PROFIT = $30k pm (ie $60k - 30k) or $360k per yr
Biz valued more than $1.25mil
Even at $48k Revenue .....
* Cost will be $27k (Staff-$16.1k, Rent-$8.8k, Others-$2.1k)
* PROFIT = $21k (ie $48k - 27k) = $252k per yr
Biz valued almostt a $1mil
At $38k Revenue (or 63% capacity)
* Cost will be $25k (Staff-$14.4k, Rent-$8.8k, Others-$1.8k)
* PROFIT = $13k (ie $39k - 25k) = $156k pa.
Biz valued above $600k
The above deal is in negotiation. Those interested can express their interest pls contact.
Regards, KESH
BizMerger
