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Sold

North Shore Childcare Utopia

SOLD

Circa 30 License
Expanding by 5-10 very shortly
EBIDTA of over $250k
Fully Managed
Land/ Buildings Available
Purpose Built Centre Absolutely STUNNING!
FULL with a waiting list
Business only Asking Price $1.15M
Freehold Asking Price $1.825M (Freehold can only be purchased with the business also not separately).

Its finally here, what you have been looking for... a near new centre, well-staffed, fully managed, current licence of 30 (but will shortly be 35-40). The centre makes $250k circa currently, with the mild expansion will be around $275k.

This centre is beautiful, you really can t get better. Suits all buyers.

The freehold is available also, current rental will be set at circa $100k, or around $50 per child licence per week. Current childcare yields sit at around 5.2 5.5%... so asking a fair $1.825M for the freehold. This will be a worry-free investment for years to come.

Strict confidentiality applies. Staff and parents do not know of the impending sale until a business is unconditional.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2607, register your details and submit the online Confidentiality Agreement. Once Brett receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2019.

Details

Region Auckland
Price SOLD
Business ID BBS2607
Category Education/Training

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