Sold

ECE Great Central Location 3 Year Avg EBPIDT $285K

SOLD

Nestled in an affluent central suburb, this very well established early childhood education centre with great history is now considered to be one of the most successful early childhood education centres in Auckland. The centre has consistently met and most often exceeded the Ministry of Education's expectations after centre inspections and local primary schools have reported that they appreciate the quality and education standard the children receive as they are very well prepared for the primary school environment.

 

Currently licenced by the MOE for 40 children and funding received, the number of enrolments could be increased which could add a considerable sum to the revenue base without an increase in staff levels. The centre is managed by the current owner who works part time engaging with the children and working on administration using leading edge technology preferred by the industry. There's also a head teacher employed who is more than capable to cover the owner's duties and is assisted by an experienced and mostly qualified team which entitles the business to the highest MOE funding rates.

 

Although earnings to the owner are very good, there is an opportunity to do even better by either reviewing overhead expenses, possible reduction in staff numbers or increase the number of children on the current role. While word of mouth proving to be the most effective form of marketing, there is also an opportunity deliver a marketing campaign to local residence.

 

This business has changed hands less than 6 months ago, with the previous owners having owned the business for over 10 years. Reasons for selling? Just a personal change in circumstances, nothing hidden or any skeletons... just a great opportunity.

 

This highly effective and efficient central kindergarten business is offered for sale at $850,000.

 

This opportunity must be treated with the strictest confidentiality so please visit www.barkerbusiness.co.nz, register your details and submit the online CA. Brett will be in touch once he receives it.

Details

Region Auckland
Price SOLD
Business ID BBS1697
Category Education/Training

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