nzbizbuysell.co.nz/101135
Ad ID: 101135

Childcare Centre Business for Sale North Shore Auckland

Childcare Centre for Sale - North Shore

Location:
Asking:
$595,000

Business for Sale Description

Childcare Centre Business for Sale North Shore Auckland

- Current Licence for Circa 40
- EBIDTA (Adjusted) circa $100k
- Asking $595k*

*The asking price is based on what the centre is currently doing and what it could be doing...

This lovely centre is a great buy for a raft of reasons; rent under $40 per child per week, great location, excellent team in place and with plenty of excellent staff, there s room for growth.

Currently we feel there is space for 70 circa children.

Forecasted EBIDTA** on a typical 40 licence is circa $200,000.

A forecasted EBIDTA** on a 70 licence is $350k.
** This is always based on staffing at around 55%, occupancy of 80% plus which is achievable.

To expand the centre no major works is required, mainly just the ministry paperwork and approval.

The owning family is retiring from the childcare business due to genuine health reasons.

A centre shows an EBIDTA of $200k is worth circa $800k, a centre showing an EBIDTA of $350k is worth around $1.4M roughly (4x EBIDTA).

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/BBS2672. Once Bridget receives your expression of interest she will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Property Code: 1609
For more info
Contact: Bridget Saunders

Bridget Saunders

Bridget Saunders
027 226 6052 or 09 448 1285
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: barker_74_15

Interested In This Opportunity?

Email to a friend / myself

 

Share this: