Business owner is hoping to retire and has plans to relocate for family. The business is her life work, and has been running successfully with consistent profitability over a decade. Hence, the decision!
Description
About the Preschool It offers high-quality care and academic programmes for infants aged 2 to 17 months, as well as preschool education for children aged 18 months to 6 years through its Playgroup, Nursery, and Kindergarten programmes—available in both half-day and full-day options.
Key Highlights: ✅Established childcare/educational centre with 15 years of strong branding ✅10 years of Presence in the Large-Scale Mall ✅Mall with direct access to MRT ✅Ideal for investors seeking an established business in a commercial property with a secure tenancy ✅Centre of approximately 8000 sq ft ✅An established franchise model and has track record of successfully facilitating the setup of multiple franchises both locally and internationally. (i.e. Indonesia and China)
Sales of business includes: The sale includes all essential documentation and assets required for smooth business continuity. This comprises valid ACRA Bizfile registration, childcare centre license, tenancy, brand/franchise agreements(intellectual property), staff employment contracts, vendor and supplier arrangements, as well as insurance policies. Physical assets such as fixtures and fittings, teaching aids, computers, and inventory like books and consumables are also included. An anonymized student enrolment list, detailed staff information (shared under NDA), and parent contracts with operational policies (e.g., fee structure and class schedule) will be made available to serious buyers.
Business Operation
From a business takeover perspective, one of the most valuable asset would be the renovation works and fittings that are already in place. There is no need for renovation work, business can operate as usual. We have a number of furnitures included as well and they mainly comprise of: - Baby Cots - Tables - Chairs - Children's Mattresses for sleeping - Playground fittings - Children's play matts - Fully furnished office - Fully funished kitchen - Cabinets to store documents, stationeries - Infant care equipments - Some Computers - Books - Toys - Utensils & Cutleries - Other Office Supplies & Miscellaneous
Facilities
The childcare shares the same location with competitors holding strong brand that are the likes of Mindchamps and Maplebear. Despite sharing the same location with these competitors for the past 10 years, the childcare centre thrived and generated positive profits in all the business years. As there are no lack of competition within the same region in the past and present, we do not project any negative impact on the business in the foreseeable future.
Competition
The Childcare's owner has had worked on overseas franchises before, so there are some contacts and affiliations that might be able to help with the concept of an expansion. As the brand has been around quite for over a decade and held its position even amongst strong competitors that are the likes of Mindchamps and Maplebear, it is expected to succeed as well even in other locations as long as the strategy is applied correctly. Whilst the owner is hoping to lessen her work load to focus more on family, she is actually more than happy to assist and work together if there are any talks of expanding and growing the business as well.
Expansion Potential
The owner who is the one who has been operating the business from the beginning will still be involved in the business during the initial stage to ensure the know-hows will be entirely transferred to the successor. She is open to discuss and work on a timeframe where she will still be involved in the operations of the business during the initial stages after the takeover and then gradually take the backseat and be available whenever necessary. This is subject to the needs of the potential buyer and something to be discussed later on.
Support and Training
Property Information
Three Year Lease Remaining
Lease Term
The childcare centre is located within a shopping mall close to the central of Singapore. This is a large scale mall that has direct accessibility to MRT station.
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