Well established centre licensed for 70 plus children, in a South Auckland location. Well qualified staff and head teacher handles the day to day running of the centre. The owner does not work in the centre, therefore, a new owner does not need to be ECE qualified and could take on a part time role in the business.
Managed profit over an averaged 12 months is approximately $221,500 after deducting rent, based on attendance of around 74%. This presents good upside to increase occupancy and therefore also enjoy an increased net profit.
A new ADLS lease will be established with the business purchaser.
The freehold property is also available at a firm sale price of $2.3m.
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.