Beautiful centre, licensed for 35 plus children, located in a good suburb close to Auckland centre. The owner has obtained a Council Resource Consent to increase the license for an additional 20 children, and will actively undergo the necessary modifications to obtain MOE approval for this increase.
The business is showing a managed profit, averaged over the last 12 months of approximately $197,000 after deducting rent, based on a modest 75% occupancy. There is ample scope to increase this roll and enjoy the increased profit, with the increased license to further grow what will be a good sized centre.
The owner will establish a new ADLS lease with the business purchaser. The Freehold property is also available should a purchaser wish to buy the business and freehold.
A new owner does not need to be ECC qualified and can enjoy a part time role as they enthusiastically grow their business.
Business Asking Price $750,000