Education & Training business for sale in Perth
- Education & Training
- Perth WA 6000
- $749,000 (GST na)
Childcare for Sale Bargain ! $749k
Sale price a multiple of 2.2 x net ! Net profit $340k
-T/O FY 23 $917k
-Net profit FY 23 $340k
-Licensed for 38
-Daily Rate $129.50
-Lease to 2031 possibility to extend
-Beachside southern suburb Perth
The centre is conveniently located across the road from a Primary School. It provides a warm and homely environment with large open plan rooms.
The centre is licensed for 38 children and caters for children aged 6 weeks to 6 years.
It is located close to the extensive upgrade to HMAS Stirling commercial area. This will bring many new families and construction workers to the area.
The lease is currently until 2031. The landlords may be agreeable to extending, which a buyer could request as part of discussions.
A great opportunity to purchase a very good childcare centre, beautifully presented, with experienced staff and run under management.
This business is a very profitable childcare centre for sale well below market value with an excellent reputation in the area. Childcare centres sell for 3 to 4.5 x net profit. The price reduction means this business is an excellent buying opportunity for an astute buyer. Seller is selling below market value due to the sale of his other childcare businesses.
For more information, please contact Advance Business Brokers (AU)