Ad ID: 107338
Childcare Business for Sale Auckland North
Auckland North Childcare for Sale
Why buy this Childcare Business
Childcare Business for Sale Auckland North**SET DATE OF OFFER**
*All offers conditional or unconditional to be presented.
- Current License circa 55 expanding to 85
- Current EBIDTA circa $230k
- Forecasted EBIDTA based on 85 $470 - $570k (occupancy dependent)
- 20 minutes from Albany
**SET DATE OF OFFER**
The previous asking price on this business was $1.15M and its worth that \'all day long\', the vendors after selling other businesses and changing lifestyle direction have decided itâ€™s time to sell this also and NOW. This is the opportunity to grab what will be an extremely valuable centre for peanuts.
Typically an 85 license showing say $450k EBIDTA would be worth around $2M circa.
This is a well-run, well-staffed, high occupancy centre. It has no major issues that we are aware of, but a change in circumstances for the vendors, they now need to hand this over sooner than anticipated.
**SET DATE OF OFFER** How will this set date of sale work? Offers are presented by 10th June 4:00pm absolute latest. Can be sold prior. A full IM (Information memorandum) including financials will be provided once a CA (online Confidentiality Agreement) is received. *All offers conditional or unconditional to be presented.
Please visit www.barkerbusiness.co.nz/3234 to fill in an online Confidentiality Agreement and Brett will be in touch with further details.
*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.
Property Code: 3234