Business Summary

The owners of the tuition centre are looking for either a partial or full sale of an established, MOE-registered tuition centre. The owners have decided to sell at a steep discount to their original investment because of their commitments to other businesses.

A buyer who is looking to buy a portion of the business should be a current/ex-teacher who is willing to come on board full time to run the daily operations of the centre and if need be, teach.

Buyers who are looking to fully purchase the centre can be either investors or teachers.

This is a good time of the year for the buyer to enter the tuition centre business due to the increased demand for tuition which always occurs after the mid-year examinations.

An overview of the various features of the business is provided below:

Branding / marketing

Brand Recognition - Approximately 150K flyers distributed throughout Ang Mo Kio over last 8 months, resulting in increasing awareness of the presence of the centre.

Top-Ranked Website – Professionally developed website that has recently achieved top 10 rankings in Google for numerous searches for popular tuition-related words such as “Tuition Centre”, “English Tuition”, Tuition Centre in Ang Mo Kio”, Math Tuition Centre” etc.

Listings on Other Top Online Directories – Negotiated agreement that has allowed centre to be listed in the top 4 search-results for 8 categories of tuition-related listings on StreetDirectory, generating numerous enquiries monthly. It is impossible to get listed in these top positions even if a centre pays to sign up now.

Credibility Building – One of the only tuition centres with a corporate blog with professionally written education-related articles. This will help to establish the tuition centre as a thought-leader capable of nurturing students with excellent results.

Facebook Engagement – Hundreds of followers and integrated with corporate blog to allow engagement with current and prospective students and parents.

Operations

Day to Day Operations - Fully computerised payment, invoicing and scheduling system that allows operation of centre by only one administrator/teacher.

Accessibility to Talent - Numerous contacts with community of rigorously selected teachers who can be called upon to teach as demand expands

Curriculum

Extensive set of curriculum materials available, ranging from worksheets developed in-house, exam papers, assessment books and curated exercises from various sources.

Financials

Extremely Low Rental Overhead – Centre is currently the master tenant for 3 adjacent units, all of which are approved for tuition centre usage. Only 1 unit is currently used for the operation of the tuition centre whilst the other units are currently tenanted out, resulting in an effective rent of only $630 per month for the tuition centre.

No Fixed Teacher Salaries – All the centre’s teachers are dedicated part-timers who are engaged on an “as needed” basis. Teacher fees can easily be reduced if there is a need to. Similarly, they can be engaged for more hours when demand increases.

Stabilizing Cashflow – Since its inception, the centre’s revenue has steadily increased to the point where it is almost cash-flow positive. Continuing at current trends, the centre should be profitable within the next few months.

Future Development

Sub-leases on other units mentioned above are due by end of 2012 and early 2013. Thus the centre can easily expand without the need to move anywhere when demand increases. This will minimise the disruption to students and business.

Property Details

Business Operation Details

Miscellaneous Details