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Sweet Success... Looking for a Rural Canterbury ELC?

Canterbury - Address withheld

Education and Training
dollar

$1,590,000 Including GST (if any)

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Business details

Listing # ARO3063 | Listed on 13 April 2022

- 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.

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