Attractive Purpose Built Centre - "Under Contract" | ABC Business

Attractive Purpose Built Centre - "Under Contract"

$1,500,000 - Auckland

Industry: Childcare

#30015

Business has been sold

About the Business

Business Highlights:

* Lovely spacious purpose built centre, licensed for 65 plus children, which was very recently increased from its original license of 50 children. this centre is very popular in its South Auckland suburb.

* The latest attendance figures are very positive at around 84% providing a managed profit of approximately $422,000 after deducting rent, and given the recent license increase the roll is steadily growing.

* The vendor is retaining the freehold property and a long term ADLS lease will be put in place with the new business owner.

* There is excellent upside here both in attendance and in the potential to even further increase the license. The Landlord is happy to assist with this process.

* This centre is well staffed, therefore, a new owner does not need to be ECE qualified and could enjoy a part time role in an overseeing and admin capacity. The Vendor is retiring and will provide extensive handover assistance to the new business owner.

Asking price for Business $1,500,000

Please return the confidentiality agreement to anthonyg@abcbusiness.co.nz if you would like information on this centre.

Location: Auckland

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Our brokers

Anthony Gilbert

021 784 865

Anthony Gilbert

021 784 865

Contact Anthony

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