Well Established Childcare with Upside to Increase the LicenceListing: #EL02281
About this Business for sale in Auckland CityWell Established Childcare with Upside to Increase the Licence
Well established Childcare Centre with a rich history of over 20 years, under the ownership of the current owner.
Licensed for Mid 30’s, including Under 2’s, has a and current Resource Consent in place to increase the number to 50 (Buyers must do their own comprehensive evaluation to their satisfaction).
The vendor tells us that with the
· Current enrolments are sitting at 70% with consistent inquiries.
· Set to achieve turnover in excess of $500,000*
· On track for a $200 k surplus for a ECE qualified working owner.
· Current rental of only $25 per child, including rates, which is totally unheard of in the recent times.
· Prominent South Auckland location.
This is a genuine opportunity and won't last long as it provides a uniquely massive upside to potentially double your investment.
Currently, the owner has seen her own children and grandchildren pass through the centre, and has now decided to pass the fruits of her labour and hard work over to a new, passionate buyer so they may carry on the centres triumph. It's truly a once in a lifetime opportunity, as such businesses rarely see the market.
Asking Price of $449,000 (firm) plus, GST if any.
Jump on it as it will not last long.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement or simply visit the link, https://linkbusiness.co.nz/business-broker/Mohit-Gupta .
Feel free to Contact Mohit on 0212448782, if you have any questions.
Once you have submitted the confidentiality form, I must meet you face to face before sharing any further detailed information. You will be asked to discuss your industry knowledge & experience, along with your ability to finance such a purchase as per my vendor’s clear instruction.
Disclaimer - Source of information - Supplied by the Business Owners and due to the confidentiality of this business a stock photo image may be used to represent the business.
+64 9 579 9226
+64 21 244 8782
*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.