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Listing Id: 3295 Total Views: 12327

(Sold) A Potential Newly Setup Online Tuition Agency Business Looking For Investor

Kallang/Whampoa

Date Closed: 28/10/2023

Asking Price: S$500K - 1M

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • 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 Part Time
  • Staff 1
  • Established 2015
  • Source Broker

Reason For Sale

Looking for buyer/investor to bring the business to greater height.

Description

It is a newly set up online tuition agency system business, the owner is seeking S$500k capital to exchange 70% shares equity, part of the funds to support his expansion plans. He hopes new management can bring his business to greater heights and overseas countries as well. Any other good proposals are welcome.

Although the company established only a short period, but it has already generated more than 1,000 in-house data without any marketing cost putting in.
The owner currently is a MSc teacher, he has rich experience on this field and very strong on the network systems. He is using the best of his time after school to try to achieve his target, his business just started about 2 years ago.

Francising model business.
10 Licensee sold in local, 1 International License to Sri Lanka, anotehr License in India coming soon.

A physcical tuition centre will be setup located at HDB area.

Business Operation

WIll provide full proposal factsheet, business activities and expansion plans upon requested
Facilities
yes.
Competition
yes. good to grow not only local, overseas expansion possibiity.
Expansion Potential
Yes.
Support and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable

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