Ad ID: 98800
2 X Childcare Centre Business for Sale South Auckland
2X High End Central/Sth Auckland Childcare Centres
Business for Sale Description
2 X Childcare Centre Business for Sale South Auckland- Approx. 100 children licence for each (200 total)
- Very high standard of centre
- Fully 100% managed (hands off day to day vendor)
- Combined current EBIDTA $800K plus
- Asking $4M
This would suit a virtual passive investor. The current vendor has monthly meetings and oversees invoicing and the money side of things, but the Managers do everything here and the team is exceptional. Staff costs approx. 50% of turnover which is a great reflection of the operation.
Both centres are less than 5 years old so in very good repair and the vendor ensures these are kept to an extremely high standard. Fit out costs for these were substantial and the centres would sit in the top echelon of NZ centres. (top 5%).
Strict confidentiality applies here, I will require buyers to come into the office to go through an IM (Information Memorandum) in person as sensitive information will not be emailed lightly. This is to protect staff, families, the vendor and most of all the eventual buyer, so when the buyer takes over, sensitive information has been kept confidential.
Interested? Please visit www.barkerbusiness.co.nz/3047 to fill in an online Confidentiality Agreement and Brett will be in touch. It would be helpful to understand your financial situation and childcare experience if any.
Licensed REA 2008. Copyright Barker Business Brokerage 2021.
Property Code: 3047
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