Ad ID: 74504 Inactive

Early Childcare Education Business for Sale South Auckland

South Auckland Purpose Built ECE

Location:
Asking:
$1.95M Negotiable

Business for Sale Description

Early Childcare Education Business for Sale South Auckland


Circa 80 License Auckland Centre...

This large, purpose built South Auckland centre has a lot to offer a new owner including current occupancy of around 85%. Licenced for 80 children, in my opinion there\'s room to grow this number by about 20 judging by the space on offer.

The owners have worked hard to create a caring, homely environment as well as going to the next level with preparing the children for life after day-care. This centre is very well known in the community for providing top level childcare facilities. The solid team of staff are just fantastic and the vendors will be sad to leave them behind. This is surely one of South Auckland best centres.

The numbers:
- Good rental of around $35 per child licence.
- Forecast of circa $500K.
- Current occupancy circa 85%.
- Average 3 year (2017, 2018 & the forecast) returns of $400K plus.
- Solid Long lease.
- Potential to buy the building if inclined (Circa $3.2M).

Asking $1.95M ono.

Sounds great huh!? To find out more please submit the online Confidentiality Agreement by visiting www.barkerbusiness.co.nz/BBS2354. Once I receive that I will be in touch with more information.

Licensed REA 2008. Copyright Barker Business Brokerage 2018.

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