Price
$325,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Auckland Region, Auckland City
Category
Education/Training, Child Care
Listing #
EL02096
Profitable Entry Level Childcare Centre….
South Auckland Location… Priced to sell quickly.
A profitable Early Childhood Centre is for sale in a rapidly growing South Auckland area.
This is a cute little centre, licensed for approx. 25 over 2’s only, hence low staffing costs. There is potential to increase or amend the licence in the future (buyer will need to do their own due diligence).
Occupancy of the centre consistently sits at around 80%+ throughout the year, with current occupancy at 75% and still plenty of room for growth. The rise of new developments and young families moving to the area should provide confidence for the robust future of the business. Ideally, the centre suits a qualified teacher /owner-operator, who should be working in the business as a qualified teacher.
With a reported current managed surplus of $99,000, the centre is *on target to achieve close to $140K+ managed profit, after allowing for rent of $60,000 p.a. The business comes with a long-term lease, August 2041 is the final expiry.
The asking price is set for a quick sale as a going concern at $325,000 plus GST if any.
Asking Price: Intangible Assets – $300k Tangible Assets – $25k Business Total $325k
A detailed Information Memorandum, plus other relevant information will be made available to approved interested parties after first submitting an online Confidentiality Agreement.
I may have to meet you face to face before sharing this information. You may be asked to discuss your industry knowledge & experience, along with your ability to finance such a purchase as per my vendor’s instruction.
I will be in touch with you, feel free to call me on 0212448782, if you have any questions. Mohit Gupta
*Source of information – Supplied by the Business Owners
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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