analytics
Sold

Auckland North ECE

SOLD

-   2021 EBIDTA $360k circa (Fully Managed profit**)
-   Asking $1.495M (4.15x EBIDTA)

This is a different opportunity to most ECE’s, the centre has space galore which means options galore.  It’s set in a Semi Rural environment and the lucky children get to interact with farm animals and walk through the surrounding property which of course families adore.  There are no staffing issues, in fact when staff arrive they rarely leave!  (The centre will be sold fully managed) The environment is so fun and calming it’s a dream place to work and for children to enjoy the early years. 

There are possibilities to expand the numbers, the centre is currently full, demand is very strong with parents often driving 20 minutes plus to drop their children such is the reputation.  The centre has been around a very long time with the same owners by comparison to most sales and the EBIDTA returns are SUPER CONSISTENT. 

There is a possibility of purchasing the freehold also. 

** Fully managed profit refers to the EBIDTA number, the vendor currently works part time in the centre and is qualified/ registered. Typically around 20-30 hours per week depending. We have allowed approx $45k per annum for this cost. 

Asking $1.495M by negotiation. 

If you are Interested and would like more information visit www.barkerbusiness.co.nz/3206, register your details and submit the online confidentiality agreement and once Brett receives this he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage 2022.

Details

Region Auckland
Price SOLD
Business ID 3206
Category Education/Training

Share This Business

Agent Details

What our clients say

"Thoroughly recommend Alan" - Alan

"Thoroughly recommend Alan" - Alan

Would thoroughly recommend Alan Dufty for any business wishing to sell...

"A diligent, communicative and detail-focused business broker" - Geoff

"A diligent, communicative and detail-focused business...

I dealt with Geoff for the purchase of a manufacturing business in East...

"You never gave up" - Brett

"You never gave up" - Brett

You guys did so well, I know it was an absolute mission but you all never...

"High level of professionalism and integrity" - Greg

"High level of professionalism and integrity" - Gr...

We are pleased to provide this testimonial for Greg who recently facilitated...

"I am very pleased with the service" - Greg

"I am very pleased with the service" - Greg

I asked Greg Tapper to assist me to sell my accounting business. I had...

"Such a treasure to deal with" - Peter

"Such a treasure to deal with" - Peter

Video testimonial from S. Cleland