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Listed April 2026 · Managed exclusively by Papertoaster

Tuition Academy
for Sale — Singapore

Asking Price
SGD 400K
~6.6x FY2024 EBITDA · Business takeover

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An established tuition academy with more than eight years of operation in Singapore, specialising in Mathematics and Science for Upper Primary and Secondary students. The academy has guided over 1,000 students to improved results in national examinations including the PSLE and O-Levels. It operates from a single centre in Woodlands, serving families across Woodlands and Tampines through small-group classes with personalised attention. The model is lean and results-driven, with a loyal parent base built on word-of-mouth and proven outcomes. FY2024 closed at approximately SGD 450K revenue and SGD 60K EBITDA (13.48% margin) — a clear recovery and growth trajectory following a post-pandemic dip.

  • 8+ years of trading history with 1,000+ documented student success stories across PSLE and O-Levels
  • Loyal, referral-driven parent base — most enrolments arrive via word-of-mouth
  • Focused Math & Science programme for Upper Primary and Secondary — clear pedagogical specialisation
  • Lean cost base; FY2024 EBITDA margin recovered to 13.48% with revenue back near pre-pandemic peak
  • Stable shared-tenancy arrangement with bookstore landlord — low overhead and reliable continuity
  • Asset-light operating model with low capex and a four-person team in place
Metric (SGD) FY2021 FY2022 FY2023 FY2024
Revenue 454,400378,252395,219449,640
Cost of sales 110,479110,597120,235130,596
Gross profit 343,921267,655274,984319,044
Operating expenses 271,174262,102278,532277,305
Operating profit 72,7478,3451,26953,650
EBITDA 83,74719,37113,92960,593
EBITDA margin 18.43%5.12%3.52%13.48%
Net profit after tax 69,4397,628(4,751)47,913

Figures based on seller-provided financials. FY2022–FY2023 reflect a post-pandemic dip; FY2024 returned to a 13.48% EBITDA margin on revenue close to FY2021 peak. Full financials available post-NDA.

Legal Structure

Private limited company incorporated in Singapore.

Ownership

100% owner-operated by a single founder. Founder is migrating abroad, prompting the sale.

Key Assets Included
  • Brand, curriculum, and teaching materials
  • Active student roster and parent contact base
  • Furniture, fittings, and classroom equipment
  • Shared-tenancy arrangement at Woodlands centre
  • Trained teaching staff (4 in total)
Key Assets Excluded
  • Founder's personal devices and effects
  • HDB lease (held by the bookstore landlord)
Liabilities

Business being sold debt-free. Modest finance costs in recent years (FY2023 SGD 3.6K, FY2024 SGD 2.9K) to be settled at close.

Working Capital

Normal working capital included. Term-prepaid student fees to be reconciled at completion.

Team

4 staff in total, including the founder. Teaching team continues post-sale subject to mutual agreement.

Premises

1,000 sqft (93 sqm) shopping-mall unit in Woodlands. Shared with a long-standing bookstore that holds the HDB lease directly; the academy pays SGD 4,000/month as a sub-tenancy. The arrangement is stable — the landlord benefits from passive rental income and has no incentive to disrupt continuity.

Curriculum & Programmes

Mathematics and Science for Upper Primary and Secondary students, delivered through small-group, results-oriented classes. Track record of supporting over 1,000 students through PSLE and O-Levels.

Owner Involvement

Founder is full-time, leading academic direction and parent relationships. Transition support and structured handover available pre-departure.

A buyer with the right resources could accelerate this business by:

  • Opening additional branches in adjacent catchments (Tampines is already a strong inbound source)
  • Extending the programme into English, Chinese, or higher Secondary / JC levels using existing brand equity
  • Launching online classes and recorded lesson packs to monetise the existing curriculum library
  • Activating digital marketing — current growth is largely word-of-mouth, leaving CAC headroom
  • Bolt-on consolidation with another tuition operator to share fixed costs and scale teaching capacity
Asking Price
SGD 400,000
Structure
Business takeover — open to asset or share sale
Payment Terms
Cash at completion preferred — open to discussion
Transition
Structured handover prior to founder's relocation
Timeline
Targeting close within 3 months of LOI
Exclusivity
Available post-LOI execution

Papertoaster is managing this sale exclusively on behalf of the seller.

1
Submit your enquiry
Via the form on this page or directly over WhatsApp.
2
Initial call
We qualify fit and answer your preliminary questions.
3
NDA execution
Required before full financials and company details are shared.
4
Information Memorandum
Full IM provided to qualified buyers post-NDA.
5
Management meeting
Facilitated introduction between buyer and seller.
6
LOI / Term Sheet
Agreed terms before legal and due diligence begin.
7
Due diligence & close
Coordinated by Papertoaster through to completion.

This listing is a summary only. Figures presented are based on information provided by the seller and have not been independently verified by Papertoaster. Full financials and supporting documents are available to qualified buyers following NDA execution. This does not constitute financial or legal advice. Interested parties should conduct their own due diligence.

Industry
Education — Tuition
Location
Woodlands, Singapore
Years in Operation
8+ years
FY2024 Revenue
SGD 450K
FY2024 EBITDA
SGD 61K
FY2024 EBITDA Margin
13.48%
Asking Price
SGD 400K
EV / EBITDA
~6.6x
Deal Structure
Business takeover
Reason for Sale
Founder migrating abroad
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About Papertoaster

Papertoaster is an M&A advisory firm focused on SME exits across Singapore, Malaysia, and Indonesia. We manage sell-side transactions in the SGD 1M–30M range — from preparation and positioning through to close.