Now You Can Have Your Cake and Eat it Too... 6% ROI on Freehold with ECE BusinessListing: #EL02797
About this Business for sale in Auckland CityNow You Can Have Your Cake and Eat it Too... 6% ROI on Freehold with ECE Business
Realistic vendor is ready to meet the market
• Returning $54,600 p.a. plus GST and outgoings
• Attractive yield between 6% - 6.75 %
An opportunity to secure a hands on, smart commercial investment at popular South Auckland Location.
Absolute Cherry on the top the Property comes with an amazing opportunity to own a mid-20’s licensed ECE business on a busy South Auckland main road, which has been successfully running for several years and is well respected with the with Ministry of Education, Parents and the local community.
As a landlord / business owner, your returns are in your own hands while enjoying the capital gains on your investment.
As per the owners, it has been consistently commanding a profit just shy of $100,000 p.a. approx. after paying rent, wages, and all other expenses.
Priced to sell at $899,990 ono plus GST,
Marketed well below the Capital Valuation of $940,000.
Business is currently running at 60% occupancy so there is surely room to improve with a more dedicated owner operator present daily since the current owners have several childcare centres the name logo and branding is not included in the sale.
This presents an amazing opportunity to put your own name and establish your own branding.
Price Breakdown -
Commercial Freehold Property $ 899,000
Business as going concern $ Negotiable
Plus GST if any for both the business or the property.
To find out more, go to linkbusiness.co.nz/EL02797 and press the “Enquire Now” button to complete an online confidentiality agreement.
Mohit Gupta, 021 244 8782, firstname.lastname@example.org
Connect with me on LinkedIn - https://www.linkedin.com/in/mohit-gupta-16a177a/
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***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. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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+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.