Sold

Early Childhood Education Centre with Options...

SOLD

Currently licensed for 25 children, we have here an exciting opportunity to buy a prominent North Auckland Early Childhood Education Centre. There are two options available which are:

 

Option A - Keep it and run it as is, the price reflects the current returns, would suit an owner / operator in this instance.

 

Option B - A huge opportunity to increase this to a lot more children exists. The land & buildings sits on over 1,000 sq/m's and the facility has a whopping 12 car parks. (I have recently sold another centre licensed for 75 children and it had 12 car parks).

 

Run by an owner / operator with the help from two qualified and supportive team members, the purpose build establishment opened 15 years ago and is currently returning circa $120 - $160k. The freehold in this case is part of the sale (the vendors want to sell both); priced and valued at $725,000 (Valuation done by Eyles McGough Limited, October 2014).

 

Jump on this opportunity as it won't last long - ECE's never do! This is a great centre, with a uniquely massive upside to potentially do uble the children numbers.

 

On the market now...

 

The Centre (Business) at $495,000 (including stock & plant) AND The Freehold (Land and Buildings) $725,000.

 

TOTAL ASKING $1,220,000.

 

All information is strictly confidential. For more, visit www.barkerbusiness.co.nz, register your details and submit the online Confidentiality Agreement for reference #1768. Once Brett receives your expression of interest he will be in touch. Basic information can be shared over the phone (after receiving your CA of course, but the Information Memorandum will only be available in person by way of a meeting at Barker Business Brokerage in Albany.

 

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2014.

Details

Region Auckland
Price SOLD
Business ID BBS1768
Category Education/Training

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