43 Place Childcare Centre (Leasehold) - 100% Occupancy & Approval For 50 Places

Sydney, NSW

Education/Training / Child Care, Educational Rural / Farming
$2,000,000
Listing ID1788275

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Premium location with one of Sydney's more sought out suburbs. The centre operates with minimal owner involvement & averages an occupancy rate of 100%.

Location Details
Further information regarding location can be acquired following the completion of our non-disclosure agreement which can be obtained after making your enquiry.

Potential
- Potential to utilise the centre's reputation & waiting list to potentially operate a 50 place centre with 100% utilisation in 2018.
- Owner-operator involvement can reduce wage costs.

Skills
The owner has never operated on the floor, relying on key managers & the reliable staff to operate the centre day to day.
- The current owner manages the backend, which consists of parent on-boarding, business finances, admin etc.
- Childcare ownership experience and/or strong childcare industry experience will be beneficial.
* Please note: Training will be provided by the current owner during the transition period.

Hours
Long day care centre hours - 7:30am - 6pm

Lease
Please refer to the Information Memorandum that you can receive after enquiring & completing our NDA form.

Employees
9 staff (further details available post enquiry)

Reason for Sale
After over 10 years of ownership, the current owner has made the hard decision to sell & move on to other interests.

About the Business
Ray White Business Sales is excited to be able to offer the opportunity for purchasers to acquire a leasehold childcare boasting exceptional reputation, results & location.

Currently running at 43 places with the pending increase to 50 places to be approved before 2018, the childcare's profitability is set for an exciting & dramatic increase due to the healthy price per day rates.

Key facts about this opportunity:
- 43 place centre set to increase to 50 overall by 2018 following the pending DA approval.
- Pending vacancies to be easily occupied due to the current waiting list & demand.
- Profitability & turnover set for a potentially dramatic increase if the centre reaches 100% occupancy at 50 places.
- Expansion & renovation of the new room will be completed before 2018 & any new ownership.
- Premium suburb & location, surrounding area set for massive residential developments.

- 100% average occupancy/utilization rate + waiting list.
- Owner involvement currently limited to admin, finances & onboarding, staff run day-to-day operations.
- Centre presents immaculately in a very convenient location for existing & new parents.
- Exceptional website amongst one of the better in the industry.

For more information, please contact the undersigned:

Jonathon Holland
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0426 828 952 T: 1800 858 696 E: jonathon.holland@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1788275 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.