Timaru / Canterbury

Timaru - Sold

Web Ref #29870
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Particulars

Address:
Timaru
Price:
Sold
Listing ID:
29870
Category:
Services

Beautiful Boutique Preschool and Property

This beautifully presented boutique childcare centre and property will appeal to a range of buyers, experienced or new to the childcare sector.

The premises have been delightfully refurbished offering a warm and inviting learning environment for children. Catering for children aged from birth to 5, it has occupancy above 90% with positive reviews from families taking advantage of the service offered.

With an EBIDT of $77,000 (after $39,000 rent), this fully managed centre offers plenty of upside for a working owner to reduce the wages from their current 68% of Gross revenue.

The building is in good order with recent refurbishment providing a fresh presentation inside and out.

The building and business may be sold to different parties, contact us today to register your interest for a confidential inspection Donna Apes - 027 570 1872 or Linda Harley - 022 354 9189.

Price Business $250,000

Price Property $479,000 (8% ROI)

Particulars

Address:
Timaru
Price:
Sold
Listing ID:
29870
Category:
Services

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