Price Reduction $100k Rent reduced to $2600 per place
-T/O FY25 $2m+
-Licensed for 125
-Modern purpose built centre
-$300k in depreciable assets potential tax saving to Buyer approx. $75k
-Under management
-Daily Rate $153
-$2600 per license number
-New long term lease available
-Meeting NQS
-30 min north (30.0 km) from Perth CBD
-OSHC Vehicle included in the sale price
The centre is a recently constructed (2017) large modern purpose built childcare centre in the northern suburbs of Perth.
A new lease for 20 years with a very competitive $2,600 per license place. The norm for centres of this size, modern purpose built centres usually $3000 to $4000 per place.
At the reduced sale price of $799k and a net profit with add backs estimated FY 25 $250k (new rent $325k deducted on add back sheet) this centre represents excellent value. Based on FY 25 multiple of 3.1 x net also below industry average.
Act quickly to secure this opportunity to purchase a large centre and reap the benefit of increased Government funding due to come into effect in 2026.
The centre is under management and staffed by experienced professionals who are dedicated to providing the best possible care.
The business offers a unique additional service; an Early Intervention Centre adjacent to the mainstream centre, catering for children with additional needs (mainly Autism and associated). Only one in WA. Both centres have their own entrance. The purpose built space can accommodate 24 children and another 21 places were added to the centre with this extension covered under Childcare funding.
With the advent of additional funding for families in the New Year, large centres are now in high demand.
"To purchase a Childcare business requires a Provider Number. Unfortunately, we cannot provide further information, viewings or accept offers from Buyers that do not hold a Provider number."
For more information , contact Advance Business Brokers (AU) admin(at)advancebusinessbrokers.com
