Listing Id: 25263
Total Views: 527
(Sold) Rare Established & Profitable CPE Registered Private School & ATO For Sale.
Central Area
Date Closed: 28/08/2024
Asking Price: S$700,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Owners are retiring
Description
The Company is an established private school (CPE registered), a ITE certified approved training center and an Accredited Training Organization (ATO) that provides education courses.
CPE status has just been renewed for 4 years till December 2025. There are government funding for 2 Diploma courses under the SSG funding scheme.
ATO approved for the SPA and Retail Frameworks. Currently, 4 courses are under WSQ and 10 courses are non-WSQ.
Owners are retiring and are looking for a committed buyer to take over their legacy.
2 main groups of student attend the courses under this private school, namely workers looking to upgrade their skills and hobbyists looking to improve their skills in personal and beauty care.
Opportunities:
1. Increase number of courses under the ATO framework
2. Most customers come from referral with minimal efforts in digital marketing. Proficient digital marketeer will be able to further increase/optimize leads and conversion rates.
3. Leverage on government's push support for skills-upgrade of workers
Singapore