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Childcare Business and Property for Sale Lic 36 $1,700,000 ABB

$1,700,000

  • ID Ref ABB053
  • Suburb Perth
  • State WA
  • Status For Sale
  • Childcare Business and Property for Sale Lic 36 $1,700,000 ABB

Business Description

• Licensed 36 children
• Close to Murdoch Hospital and University
• Across road from shopping complex
• Freehold childcare centre – Zoned R50 high rise
• Established in 1995
• Under management
• Solar installed on roof – electricity is minimal
• Run by a team of qualified, committed and collaborative staff

This centre is in a great location where there is strong demand for childcare services.

It offers a new owner the opportunity to create their own boutique childcare business. A buyer can modernise the centre and possibly add additional services e.g. music, language, dance etc and look to raise the daily rates to maybe $115 – $125 a day which is being charged by centres close to this location.

The centre is competitively priced which provides a buyer with a huge upside in capital growth. Centres of this size once they attain 90% occupancy (which should be achievable in this location with a good operator), can be showing net profits in excess of $300k. This would then value the business only at $1.2m

As the centre has not been re-calculated in terms of license numbers since the new regulations in August 2012 it may be possible to increase slightly by rearranging some of the internal space.

Childcare is in demand in the area.

A great first centre for buyers entering the industry. Ideal for a buyer to build a great business and develop the property at a later date and reap the benefits of buying land zoned R50.

Act quickly to secure this opportunity childcare for sale Perth.

For more information you can contact Angela on 0416 109 017 or E: angelaw@businessbrokersnetwork.com.au

Business Features / Snapshot

Your Business Broker

Angela Williams

Business Location

Perth, Western Australia 6000