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Listing Id: 32428 Total Views: 1455

(Sold) Prime Landed Childcare In Novena Area For Takeover

Novena

Date Closed: 09/08/2024

Asking Price: S$300,000

Overview

  • Premise Type N/A
  • Premise Size 3500 sqft / 325 sqm
  • Monthly Rental S$28,500
  • 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 Investor
  • Staff 9
  • Established 2006
  • Source Broker

Reason For Sale

Operator looking to retire

Description

Long-running landed childcare centre located in the heart of Newton/Novena area for takeover.
Landed childcare centres are rare to come by, and this is a great opportunity to enter the high end lucrative market.
- Land size: 6222 sqft
- Built-up: Approx 3500 sqft
- Capacity: 66 childcare
- Enrolment: 25 childcare
- Fees ~$2k/month
- 2 storey charming landed childcare centre
- Located along main road with great visibility
- Operator retiring
Takeover fees applies. Call/Whatsapp Ben at 98807751 for details.
I specialize in childcare takeovers and have other childcare centres on hand. Enquire now for a no obligatory discussion.

Business Operation

Rental lease of a landed approved for childcare, staff employment contract, fixtures and fittings, teaching materials, student enrolments
Facilities
Has 41 more student enrolment spots that can be filled up with the right marketing
Expansion Potential

Property Information

Lease ends Aug2024, long lease can be signed with landlord
Lease Term
Landed 2 storey building, land size 6222sqft, built-up approx 3500 sqft
Premises Details

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