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Sold

West Auckland Childcare - Licensed for 40

SOLD


Asking $1.025M by negotiation.

Set in a dense residential location in West Auckland, close to feeder schools and main roads, this home away from early learning centre is awaiting a new owner with the vendor simply looking to retire after many happy years.

Licensed for 40, the centre has expansion potential for an additional 8 children 'as is' or with some minor building renovations you could increase this further. We are told and occupancy sits at around 95% and the normalised EBIDTA is circa $245K.

The large site of over 1,300 sq/m offers an enriching learning space for children to explore indoors and out, all while supervised by trained and experienced staff. The owner has indicated she would offer a solid handover to the purchaser if this is required too.

Either a new lease will be put in place for the purchaser or the ability to buy the land/ buildings also exist.

No doubt you will want to know more about this popular centre but please submit the Confidentiality Agreement first by visiting www.barkerbusiness.co.nz/BBS2297 and click the enquire now button. I'm afraid I can't release any further info about this business until you have submitted the CA.

Licensed REA 2008. Copyright Barker Business Brokerage 2018.

Details

Region Auckland
Price SOLD
Business ID BBS2297A
Category Land/Development

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