This childcare centre is licensed for 39+ children and is situated in a populated residential area within a few minutes access to the Southern Motorway.
The current owner oversees the centre remotely and the day to day operations are handled by the qualified team. The vendor is focused on providing support to allow a smooth transition to a new owner.
The property is being offered for sale with the business, close to an attractive 6.5% yield on rent at $85,000.
The childcare centre offers a return of approx. $105,000 for a managed business with an attendance averaging in the range of 73% or a qualified working owner can expect to return around $160,000 per annum, depending on the time spent working as part of the ratio.
The profit could grow further, along with a rise in occupancy, and presents upside potential to increase the value of the business, which will be closer to full occupancy, benefitting the new owner.
The combined returns for the freehold and business to an owner/operator could be around $200,000 to $250,000 depending on the above options, with potential to grow occupancy and further business returns.
Childcare Business asking: $400,000
Childcare Freehold asking: $1,325,000
Note: Further information will be provided strictly to genuinely interested parties only after submission of a Confidentiality Agreement.
Contact Munish Verma - 021 113 9768, MunishV@abcbusiness.co.nz
For a confidential discussion please complete our online confidentiality agreement.
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