Auckland / Auckland

Auckland - Sold

Web Ref #34425
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Particulars

Address:
Auckland
Price:
Sold
Listing ID:
34425
Category:
Services

Childcare in High Decile Suburb

In an affluent Auckland suburb, amongst a significant Chinese Community, a prime opportunity awaits; a homely childcare centre on an 800m2 property, licensed for 36+ children. This childcare business offers a seamless transition for a new owner, with potential for expansion through a Resource Consent obtained in 2019 to accommodate over 50 children, pending collaboration with the landlord.

Key Features:

- Located in a prestigious Auckland suburb.
- Convenient proximity to the motorway for commuting families.
- FY2023 EBIDPTA of approximately $193k, with room for enhanced profitability.
- High real estate costs in the area create a barrier to future competition, enabling premium services at appropriated rates.

The centre is a popular choice for the Chinese community, with teachers able to communicate bi-lingually (English & Mandarin) and provides an opportunity to purchase an established multi-cultural ECE centre.

This proposition is ideal for Early Childhood Education (ECE) teachers/managers looking to establish ownership in an exclusive, hard-to-find suburb. It also caters to the evolving landscape of childcare centres, where entry barriers have risen significantly. As of 1 February 2023, pre-approval is mandatory for new centre establishments, enhancing the value of existing centres. The growing demand for quality childcare, driven by housing intensification initiatives, further enhances the appeal of this remarkable opportunity.

Price $675,000

Note: The vendor advises strict confidentiality-- further information will be provided strictly to genuinely interested and prequalified parties only after submission of a Confidentiality Agreement & required discussion.

Contact Munish Verma - MunishV@abcbusiness.co.nz or 021 113 9768.

For further information, complete our online confidentiality agreement atwww.ds4u.cc/abc?ref=34425

Particulars

Address:
Auckland
Price:
Sold
Listing ID:
34425
Category:
Services

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