Ad ID: 101031 Inactive
Childcare Business for Sale Hibiscus Coast
ECE - Northern North Shore
Business for Sale Description
Childcare Business for Sale Hibiscus Coast15 Mins North of Albany (Hibiscus Coast)
Circa 50 License
Consistent EBIDTA of around $250k ($230 - $265k dependant on year)
Business Asking $1.150M
The vendor works in the centre here by choice (around 25 hours), they have 2 head teachers that rotate hours and can easily manage the day to day of the centre. They also have a teacher that is very close to being fully qualified to add to the role. So easily a purchaser could simply oversee the business â€“ handle the finances etc with say a monthly staff meeting.
The centre can also easily achieve 100% MOE funding with minor teaching tweaks.
This suits an owner operator OR a hands off investor. The centre needs no money spent on resources, improvements. The business and building are both in exceptional condition. A full property valuation is available to approved purchasers. This centre is in perfect condition â€“ the vendors are fastidious with maintenance to ensure its in perfect all-around condition. Opportunity to buy the L&B also. Current Valuation is $2.24M.
STRICT CONFIDENTIALITY APPLIES.
The centre is price by negotiation so please get in touch if you would like to know more. You need to first submit an online confidentiality agreement by visiting www.barkerbusiness.co.nz/3083. Once Brett receives your expression of interest he will be in touch.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.
Property Code: 3083