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Playschool for Sale in Ho Chi Minh City, Vietnam

For sale: Newly opened playschool that is fully equipped and in the middle of enrolment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Playschools
Locations  Ho Chi Minh City
Local Time 10:10 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: USD 400,000)
Reason: Current owners are retiring and returning to their home country.
Includes physical assets worth USD 400 thousand
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Business Name
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Operating license
Business Overview
- We are a boutique fully- equipped and licensed kindergarten located.
- The business has recently acquired the license and is in the middle of enrolling students so there are no sales in the business yet.
- We have opened the business for play sessions for some students as a form of marketing and to open the school to the community.
- We charge a small fee for these sessions but it is very less.
- The facility taken by the business can easily accommodate 62 students.
- The District 2 government is not going to license any more schools in this district. The average time taken to get a kindergarten operating license in Vietnam is 24 to 36 months.
- Buying into this business will give immediate revenue and will give an advantage in business expansion and growth plans.
- Business is registered in Vietnam but the holding company for this business is in Singapore.
- The business has the ability to generate sales of USD 40,000 per month with an EBITDA of 15%.
- The business has an operating license.
Products & Services Overview
Childcare and kindergarten centre for ages 18 months to 6 years of age. Located in District 2, Thao Dien is predominantly an expat and wealthy area with a high net-worth population and plenty of young families requiring kindergarten services.
Assets Overview
1. Lease transfer.
2. School furniture.
3. Teaching equipment and aids.
4. Staff- optional.
5. Fully equipped kitchen.
6. Curriculum- optional.
7. Option to license the Singapore brand- optional. Adding value to the business proposition as Singapore educational institutions are highly valued amongst Vietnamese parents.
Facilities Overview
Three-storeyed purpose-built building with a huge basement in the heart of an upmarket residential area.
1. 10-year lease (6 + years remaining) extendable by 10 years.
2. Beautiful secure playground with a swimming pool.
3. Low monthly rental of USD 7,200.
4. all licenses and manpower in place.
Capitalization Overview
The business is funded by a holding company registered in Singapore. There are no debts or money owed to any institution. This is a new business.
Recent Activity
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6 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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