Price
$840,000
Profit *
$313,921
Sales Revenue
$911,613
Location
Auckland Region, Auckland City
Category
Education/Training, Child Care
Listing #
EL02100
Wonderful South Auckland Childcare
An absolute bargain to get onto the ladder of ECE success. Newly established purpose-built childcare centre, excellent quality of service, robust management and adequate Qualified Staffing in place for day to running. The centre is fully staffed, offering options for a new owner to either take on a role within the teaching team and/or an administration role only.
The vendor tells us that qualified working owner’s profit over an averaged 12 months is approximately $313,000* after deducting rent, and all another expenses *based on current attendance of close to 80%, and projections for the FY 19-20 at full capacity of 70 Children showing over Circa $417,000* for an ECE qualified working owners profits.
EBITDA over an averaged 12 months is approximately $227,000* after deducting rent and all other expenses at current enrolments
This presents a good opportunity as the centre is nearly there to achieve the capacity, so plenty of room for an immediate gain on your investment
Business Asking Price: $840,000 plus GST if any and a Brand New ADLS Lease.
I will be in touch with you, feel free to call me on 0212448782, if you have any questions.
*As per the instructions from the vendor, we will have to meet face to face before sharing any detailed information. You shall be expected to discuss your business knowledge & experience, along with your ability to finance this ECE purchase.
*Source of information – Supplied by the Business Owners
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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