Ad ID: 71368 Inactive

Childcare Business for Sale Canterbury

Canterbury Childcare for Sale, Licensed 35


Business for Sale Description

Childcare Business for Sale Canterbury

Asking Price for this leasehold opportunity: $395,000 plus optional $830,000 for land and buildings, totalling $1,225,000 for both. Rental income of $58,000 = 7% return.

This very good business is located in a growing Canterbury town just 30 minutes from the Christchurch CBD. The town is growing at around 11% since the last census and has a large pool of around 12,000 residents.

The centre is situated in a comfortable separate family home which is licensed to accommodate up to 35 children with a maximum of 7 under 2\'s.

The spaces are generous with an emphasis on room inside and out to encourage exploration and discovery.

The owners tell us occupancy is running at 85-90% so the potential is there to increase the role and income already.

Fully managed this centre returned for 2018 circa $83,000 which could be improved by the involvement of an owner operator and the removal of some expenses.

The lease term is for 3 years with two rights of renewal and expires if rights are taken up in 2026.

To find out more about this opportunity, visit, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

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