ACE Language Centre & ACE Education
- Brand Name: ACE Language Centre & ACE Education
- Company Entity Sdn Bhd
- Industry Category Coaching & Training, Education
- Asking Price RM 5,500,000
- Strength & Weaknesses Why Acquire This Business? Proven Success: With consistent growth and substantial sales, this business has a track record of excellence and profitability. Prime Locations: Strategic locations in Mont Kiara and USJ10 Subang Jaya, offering significant growth potential for both language and tuition services. Diverse Courses: Offering a wide range of courses, including language classes and Cambridge, IBDP, CIMP exam preparation. Licensing: All necessary licenses and approvals are already secured, simplifying the transition for the new owner. Strong Online Presence: The business has a significant online presence and visibility, making it easily discover-able by potential students. Tutor Database: Access to a vast database of tutors, facilitating flexible staffing and growth. Sales Highlights: 2019 Sales Actual: RM 156K 2020 Sales Actual: RM 456K 2021 Sales Actual: RM 956K 2022 Sales Actual: RM 1.3 million 2023 Sales Target: RM 2 million (Already achieved 1.6 million sales by Oct, 2023) 2024 Sales Estimation: RM 3,000,000 (Mont Kiara) + RM 1 million (USJ) = Total RM 4 million in 2024 with existing infrastructure and existing client base. Transition Support: The current owner is committed to providing up to one month of training and assistance to ensure a smooth transition. Don't miss out on this exceptional opportunity to acquire a profitable, well- established, and growing Language Centre and Tuition business. Contact us today to explore this exciting business prospect.
- Reason of Selling The owner plans to relocate.
Introduction
Business Opportunity: Established Language Centre & Tuition Business
Are you looking for a thriving and well-established business opportunity in the education sector? We present an incredible chance to own a highly reputable Language Centre and Tuition business in prime locations.
Business Overview:
Established: Since January 2019 in Mont Kiara
Locations: Mont Kiara (Main Branch – Operational since 2019) and USJ10 Subang Jaya (New Branch – Operational since August 2023)
Licensing: All necessary licenses and approvals obtained such as MOE, KDN, BOMBA, KESIHATAN, DBKL, MBSJ
Capacity: Multiple spacious classrooms (Mont Kiara, 11 classrooms & USJ 5 Classrooms)
Courses: Wide range, with a strong focus on English language via Language Centre and all subjects and levels under tuition business
Tuition Business: Highly profitable, generating significant sales and profits
Multiple Websites: Strong online presence with high visibility on Google
Assets: Fixed and current assets worth more than RM 800,000
Transport: Company has a 14 seater transportation to pick up and drop off students
Tutors Database: Over 10,000 tutors
Total Staffs (Permanent): 18 Staffs (including full time teachers and Administration, IT, operations staff)
Part time Teachers: Up to 100 teachers are teaching every single month
Monthly Number of classes: Around 1500 classes per month
Corporate Contracts: Secure contracts with educational institutions
Gross Profit: 68% in 2021, 70% in 2022, 70% in 2023(Continued)
New Projects: Will be included in the sales- new platforms with millions of ringgit business potential
Noticeable Projects: Recently participated in JPN Perlis event and potential to raise new business in 2024 (Details will be shared)