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Thriving Private School In Limpopo For Sale

Thabazimbi, Limpopo, South Africa
Asking Price:
R18,000,000
Sales Revenue:
R8M - R15M
Cash Flow:
R13

This school has been in operation for close to 6 years, and has experienced significant growth over this period. Currently there are 368 students and with its planned roll out strategy over the next 3 years, the school should experience a natural growth of around 8.33 % per annum. This growth can be easily absorbed as the premises can cater for around 1000 students.
This school is situated in a prime location in a well-established, middle class residential area. It is conveniently situated off many main arterials for parents to drop the students off on their way to work.
Unfortunately, the owner and his partner is looking to retire and would like to sell the school to a buyer who can take this school to the next level. The seller is asking R 18 million for this registered school, all its assets as well as its excellent growth potential.

Property Information

Real Estate:

Lease

Lease Terms:

Seller will provide details to interested buyers only

Location:

Thabazimbi, Limpopo

Premises Details:

The premises are leased

Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

The seller and his partner would like to retire

Trading hours:

07h00 to 16h00

Employees:
31
Years established:
2017

Other Information

Support & training:

Yes