Link Business
*** SOLD ***

Perfect South Auckland Childcare... Priced to SELL | Neg.

Listing: #EL02100
price

$840,000

Profit

$313,921

sales

$911,613

industry

Auckland City



About this Business for sale in Auckland City

Perfect South Auckland Childcare... Priced to SELL | Neg.

Wonderful South Auckland Childcare

An absolute bargain to get onto the ladder of ECE success. Newly established purpose-built childcare centre, excellent quality of service, robust management and adequate Qualified Staffing in place for day to running.  The centre is fully staffed, offering options for a new owner to either take on a role within the teaching team and/or an administration role only. 

The vendor tells us that qualified working owner’s profit over an averaged 12 months is approximately $313,000* after deducting rent, and all another expenses *based on current attendance of close to 80%, and projections for the FY 19-20 at full capacity of 70 Children showing over Circa $417,000* for an ECE qualified working owners profits.

EBITDA over an averaged 12 months is approximately $227,000* after deducting rent and all other expenses at current enrolments

This presents a good opportunity as the centre is nearly there to achieve the capacity, so plenty of room for an immediate gain on your investment

Business Asking Price: $840,000 plus GST if any and a Brand New ADLS Lease.

 

I will be in touch with you, feel free to call me on 0212448782, if you have any questions. 

*As per the instructions from the vendor, we will have to meet face to face before sharing any detailed information. You shall be expected to discuss your business knowledge & experience, along with your ability to finance this ECE purchase.

*Source of information - Supplied by the Business Owners

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This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.