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Profitable Hobby Class for Sale in Singapore

For Sale: Preschool mobile physical development programme vendor and franchisor with 18+ clients.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 195 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin 40 %
Industries Playschools + 1 more
Locations Singapore
Local Time 1:29 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 195 thousand (Native Currency: SGD 250,000)
Reason: Business owner is advanced in age (66 years old) and would like to have new blood carry on with the ... View More
Includes physical assets worth USD 39 thousand
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Business Overview
- Started operating 17 years ago as a mobile preschool gym programme focusing on childs' social and emotional development.
- Associated with more than 80 preschools in the lifetime of the company in Singapore, Vietnam, and China.
- The mobile gym business model was favoured over operating in stand-alone locations to cut down on rental fluctuations and disruptions, as proven to be wise during the Covid pandemic.
- Apart from operating in our own territories, we had licensees also operating in Singapore, Vietnam, and China. From January 2022, took over full operations from licensees in Singapore when the preschool market re-opened without many restrictions.
- Currently operating in 18 preschools, our previous clients have been asking us to provide our services again next year. The estimated number of new preschools number about 16 preschools in addition to our current clientele for the next year.
- Company has a single owner.
- Pre-Covid our annual revenue was SGD 1 million.
Products & Services Overview
Preschool physical development programme for childcare centres and kindergartens.
Assets Overview
7 sets of specially-made purpose-built play equipment and vehicle.
Facilities Overview
Have a storage facility for equipment at a monthly rental of less than SGD 1,200.00 per month.
Capitalization Overview
Fully funded by the sole director. Very little debt of below SGD 30,000. The majority of debt is fully paid. The remaining debt is due to be paid by May of this year.
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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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