Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Profitable Preschool In Northcliff For Sale

Northcliff, Gauteng, South Africa
Asking Price:
R1,800,000
Sales Revenue:
R1.5M - R3M
Cash Flow:
R100K - R500K

Selling price: R1,8 Million

Average monthly net profit: 47K
Selling the school operation with a 5 year renewable lease agreement.

Great opportunity
Fully operational and established
Trusted name with strong reputation
Quality early learning childhood education
Well equipped facility
Experienced staff


Serious buyers with proof of funds can contact us today to explore further!

Property Information

Real Estate:

Lease

Lease Terms:

5 years lease agreement with 6 % yearly increase. Lease agreement renewable after 5 years with first right to purchase the property.

Leasehold Rent:

480 000 per annum

Location:

Well located in Northcliff/Fairlands

Premises Details:

6 Classrooms with beautiful outside play areas

Size in square feet:
600m2 building with 2160m2 land
Planning Consent:

Approved consent use for 100 children.

Business Operation

Expansion Potential:

The new owner can continue to grow the numbers

Reasons for selling:

The current owner has serious health issues and want to retire to take care of her health.

Trading hours:

6h45 until 17h30

Employees:
8
Years established:
2018

Other Information

Furniture / Fixtures value:
R500,000
Inventory / Stock value:
R500,000