BRAND NEW LISTING – Prime Childcare Business

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  • LISTING VALUE:
    POA AUD
  • LISTING ID:
    8955802
  • LOCATION:
    Geelong

LOCATION DETAILS

Geelong

DESCRIPTION

This property is currently not available.

Leasehold Business.
This very well run childcare business is perfectly located in Victoria’s second largest town and only an hour drive from Melbourne. It is a purpose built centre that was constructed in 2007 and is certainly designed to provide easy access for children, parents and staff. The value of the opportunity is in the multiples of 4.3 x EBIT which is dramatically below the current market expectations of 5 x EBIT.

– Perfect business for a SMSF and can easily be continued to run remotely under management.
– Licensed and operating capacity 90 Place.
– Current occupancy 91%.
– Estimated annual net profit
2015 $523,000
2016 Estimated at $550,000 – $575,000. After rent has been paid.
– Purpose Built in 2007 in brick and tile.
– 6 rooms – 6 weeks – 5 years.
– Daily fee’s $98 /day and $420/ week.

Full data and details will be provide only once the confidentiality agreement has been signed and returned.
Please email jade.baki@randw.com.au or myself for a copy of the confidentiality agreement.

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    View Confidetiality Agreement (PDF)