- Licensed for over 50 Children
- 2021 EBITDA approx. $194,000
- Plus, rental income of around $89,000pa
- Established for over 10 years
This lovely centre has an occupancy of 70% and a waiting list which suits the owner’s ideal teacher ratios. The owner tells us that the nearest competition is 25 minutes away.
This is a well thought out education model set up by industry experts in a brilliant location with premises that are large enough for future expansion. Plenty of upside here and with some adjustments, the returns could increase substantially.
This an ideal business for a qualified teacher or even a hands-off investor to operate under management.
There are several current staff who under guidance are capable of a management role.
The future looks bright for a new owner who takes over this well-run centre with a compliment of excellent staff, systems, and facilities.
Asking $1,590,000 which includes the Business and Freehold.
If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3063, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.
*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.