Visit this listing at https://www.sbx.com.au/business?id=SFG1026

Business Code: SFG1026

Key Features: Childcare Centre - Kindergarten - Pre School - South Coast - Nett $5935.00 p.w

State: NSW

Location: This centre is situated on one of the main roads in the township close to the main public and private schools with high visibility.

Description

Child care centre licensed for 46 places - The centre is currently experiencing strong new growth - The business is reliably staffed with loyal ETCs and other appropriately qualified professionals and is currently run under management with the owner based in Sydney. - The growing income is underpinned by government funding in excess of 80%. - A standout feature is that the centre runs at 90% occupancy during vacation. - Purpose built facility with 2 children's rooms and all appropriate amenities. - Bus pickup/drop off supplied by centre.

Summary

  • Features: Centre experiencing growth. - Strong individual regional rates. - Good vacation occupancy. - Popular bus service - High concentration of lower age groups. - Loyal local staffing with good community contacts.- Well established
  • Potential: Further networking with referral network. - Enhance local area marketing. - Upgrade website and social media presence. -
  • Premises: Purpose built childcare centre with two fully compliant main rooms and all relevant amenities comprising 270 sqm.
  • Trading Hours: 5 days - Mon. - Fri. - 7.30 a.m. - 6.00 p.m.
  • Lease: Current 5 year lease commenced Jan, 2018 + 5 + 5 year options. - CPI or 3% increases - 3 month bank guarantee.
  • Employees: Contact staff - 6 permanent part-time + 1 full-time + 4 casuals - Non-contact staff - 1 permanent part-time + 1 casual.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$17,200

Gross Profit

$17,200

Rent

$1,835

Wages

$7,850

Outgoings

$106

Telephone

$34

Insurance

$190

Electricity

$55

Misc1

$720

Misc2

$475

Total Expenses

$11,265

Net Profit

$5,935

Price

$595,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Childcare Centre - Kindergarten - Pre School - Under Management

Business Code: SFG1026
Price: $595,000

Key Features: Childcare Centre - Kindergarten - Pre School - South Coast - Nett $5935.00 p.w

State: NSW

Location: This centre is situated on one of the main roads in the township close to the main public and private schools with high visibility.

Description

Child care centre licensed for 46 places - The centre is currently experiencing strong new growth - The business is reliably staffed with loyal ETCs and other appropriately qualified professionals and is currently run under management with the owner based in Sydney. - The growing income is underpinned by government funding in excess of 80%. - A standout feature is that the centre runs at 90% occupancy during vacation. - Purpose built facility with 2 children's rooms and all appropriate amenities. - Bus pickup/drop off supplied by centre.

Summary

  • Features: Centre experiencing growth. - Strong individual regional rates. - Good vacation occupancy. - Popular bus service - High concentration of lower age groups. - Loyal local staffing with good community contacts.- Well established
  • Potential: Further networking with referral network. - Enhance local area marketing. - Upgrade website and social media presence. -
  • Premises: Purpose built childcare centre with two fully compliant main rooms and all relevant amenities comprising 270 sqm.
  • Trading Hours: 5 days - Mon. - Fri. - 7.30 a.m. - 6.00 p.m.
  • Lease: Current 5 year lease commenced Jan, 2018 + 5 + 5 year options. - CPI or 3% increases - 3 month bank guarantee.
  • Employees: Contact staff - 6 permanent part-time + 1 full-time + 4 casuals - Non-contact staff - 1 permanent part-time + 1 casual.
  • Sale Reason: Other business interests.
  • Comments: Misc.- 1 - Staff superannuation - . Misc.- 2- All sundry P and L items not specified. - Superb opportunity to purchase long established child care centre currently benefitting from increased income flows and more streamlined systems of operation. - Substantial upgrades to the centre have been made in 2020 with the addition of new equipment and amenities resulting in a refreshed welcoming and holistic environment -
    Centre provides a genuine full service that includes pick up and drop off of enrolled children. - Available for the first time in 13 years.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$17,200

Gross Profit

$17,200

Rent (ex GST)

$1,835

Wages

$7,850

Outgoings

$106

Telephone

$34

Insurance

$190

Electricity

$55

Misc1

$720

Misc2

$475

Total Expenses

$11,265

Net Profit

$5,935

Price

$595,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.