Childcare Centre located in Sydney Eastern Suburb | Ray White Business Brokers & Business Sales Agents

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Childcare Centre located in Sydney Eastern Suburb Childcare Sales , Corporate Sales above $1m, Childcare Sales, Education Coaching And Training Randwick, NSW , Australia 760 Views
$0.00
Asking Price $1,290,000 for 100%
0% Complete (success)
0%

Childcare yields $270,000 per annum in profit!

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This Listing is open for both accredited & non-accredited Buyers & Investors.

SALE OR INVESTMENT DETAILS
  • Stock at Cost $0
  • Gross Sales per annum $900,000
  • Assets Included in Sale $0
  • Profit (Normalised EBITDA) $300,000
  • Finance Available (subject to approval) Yes

Selling Agents

Highlights

  • Childcare Centre located in Sydney Eastern Suburb
  • Well maintained facilities
  • Happy staff and good to remain
  • Great location

Executive Summary

This well established, Childcare Centre located in Sydney Eastern Suburb is licensed for 39 children and has grossing revenue approximately $1 million per annum and potential to grow. (Leasehold only)


Revenue

$1,000,000 pa


Rent

$240,000 pa


Net Profit

$270,000 pa


About the Business

This centre is licensed for 39 children and had an occupancy of around 85%. Grossing $1 million for FY2015. The centre operating hours are 7:45am to 5:30pm, 50 weeks a year. The centre charges $120 per child & is run by 4 staff which accumulate a wage bill of roughly $220,000. 

Rental value comes to $240,000 including a residential house with 5 bedrooms and a study room. High potential to increase the net profit to a very attractive & healthy figure of $300,000 after general expenses.

This childcare has homely interior/exterior and has always attracted families. Staff are well trained & relied upon by the vendor to continue operations while tending to an other business venture.

Two classrooms are led by highly qualified experienced and dedicated staff. The vendors are leaving the day to day operations to the highly capable staff. 1 vendor currently manages the staff and general top level operations.


Key points

- Great location 

- Well maintained facilities

- Happy staff and good to remain


For more information on this opportunity, please contact the undersigned:


Shirley Cho

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0417 000 882  T: 1800 858 696   E: shirley.cho@raywhite.com 


Disclaimer:

Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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