This centre is well established, licensed for 23+ children, and as evidenced by the ERO, it qualifies as providing a high quality, thoughtfully designed learning environment and quality learning programmes.
The business employs a good team of qualified staff and the Centre Manager ably looks after the day to day running of the centre. A new owner could take on a very part-time overseeing role in the business for as little as 4 or 5 hours per week.
Managed profit over an averaged 12 month period is approximately $60,000 after deducting rent, based on the attendance of around 89%. The centre is actually close to full with a waiting list.
The vendor has consent to increase the license by another 2 children and is just awaiting MOE measure and approval to implement this. These extra attending children with the new license should substantially increase the managed profit to close to $100,000.
A long term commercial lease is in place.
Call me today for more information. Anthony Gilbert - 021 784 865.
Business asking price $250,000
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