The Pre-school produces a R4m turnover & R713 000 pa Owners Discretionary Income - selling at a competitive R1.6m. Property costs are covered within the expenses. Easy to manage & stunning property in a top Outer-West suburb.
This upmarket Pre-Primary School in a prestigeous Outer-West suburb, caters for over 70 children from 10 months to 5 years of age (while the licence is for 80 children), with classes up to Grade R, The owner is there on most days - for the opening & closing times, as well as, for two class sessions a day (presently being taken over by the teachers). The teachers are assisted by carers, while an admin staff member, cleaner/gardener are also employed.
- Asking Price:
- R1,600,000
- Sales Revenue:
- R4,000,000
- Cash Flow:
- R713,000
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The upmarket property with an excellent layout is for sale at R3.3m (contained in a separate CC).
A property cost of R360 000 pa is contained within the business expenses to cover such for a separate Property holding company.
- Planning Consent:
-
Dept of Basic Education Licence in place until 2028, while property is zoned commercial
Business Operation
- Trading hours:
-
Mon to Fri 7h00- 17h00
- Employees:
- 12 full time employees, with medium to long service 6 Teachers 2 Assistants 2 Aftercare Assistants 1 Admin 1 Gardner/Cleaner
- Years established:
- 20
Other Information
- Support & training:
-
Seller will assist in handover
