Ad ID: 99996
Near New Early Child Education Centre Business for Sale Auckland
New Auckland (North/West) ECE
Business for Sale Description
Near New Early Child Education Centre Business for Sale Aucklandâ€¢ Current EBIDTA $700k growing to $800/$900k
â€¢ 120+ License
â€¢ Stunning centre, fitout & respources
â€¢ Reasonable rent
â€¢ Fully staffed with management in place
â€¢ Asking $3.2M by negotiation
This is a rare opportunity to own one of the best in New Zealand.
A fairly new, purpose built centre where no expense has been spared and even though it is in a built up area with many new ECEâ€™s, this centre is simply thriving as it\'s amazing! Quite literally.
Staff are coming to the centre, noting the amazing environment and signing on. Itâ€™s a credit to the vendors as to what has been created here.
The vendor is selling to fund new projects so a great opportunity. The typical sales multiple is around 4.5x EBIDTA currently for centres and I\'ve sold a few this size recently so I can happily show real sales stats to the purchasers. We also have a 2 year forecast for the business from Rubiix accounting.
The reasonable rent is fixed for 10 years (modest 1% yearly increases). Itâ€™s a great opportunity. This business has plenty of scope for upside also.
To find out more you will need to submit a Confidentiality Agreement here at www.barkerbusiness.co.nz/3052. When Brett receives your expression of interest he will be in touch.
Licensed REAA2008. Copyright Barker Business Brokerage Ltd 2021.
Property Code: 3052
Interested In This Opportunity?