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Sold

55+ Faith Based Childcare Centre - West Auckland

SOLD

This managed centre is well-established, boasts a good reputation and offers an investor an annualised EBIDT based on current enrolments of around $235,000.

An important part of the community, this lovely preschool offers early childhood education with a focus on faith-based values.

Located in West Auckland, and with occupancy over 80% and rising, you can take comfort in the fact that the teaching team have a level of engagement within the community that should allow for a smooth transition to the new owner.

The centre charges little in the way of parent fees but receives maximum funding from Ministry by way of equity funding and targeted funding providing the owners with a good level of sustainable profits. Some capex will be required.

Within a residential setting, and in close proximity to local schools, the centre offers a new owner the chance to be an influence the lives of children and families who attend the centre along with long term financial benefits.

Asking price $675,000.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3091, register your details and submit the online Confidentiality Agreement. Once Bridget receives your expression of interest she will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Auckland
Price SOLD
Business ID 3091
Category Education/Training

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