Education & Training business for sale in Newcastle
Education & Training
Newcastle NSW 2300
$2,345,000 (GST na)
Freehold Long Day Care Centre 39 Places, Newcastle
Here is a very exciting and rare opportunity to buy a childcare centre and secure not just the business but also the freehold property. This purpose built and renovated child care centre is located in a popular fringe suburb of Newcastle. From the moment you enter the centre, your heart and mind connect with the business's core values and objectives. The current owner is committed to building a centre to be proud of and now enjoys running the business at arms length allowing the staff to manage the daily operations. The secure outdoor area offers multiple areas for play and learning activities and it will impress. Inside, the quality and investment is evident with several air-conditioned rooms, plenty of space and storage, office, kitchen and even a huge mezzanine area for resources and additional storage. The business portion of the list price is $595,000 (and is well below valuation) with the freehold property $1,750,000. The freehold property offers a positive 5% return with net rent factored within the business at $90,000. With low interest rates this is a secure and affordable investment. If you are interested in finding out more about this exciting opportunity please email info@merchantbrokers.com.au or call 1300BROKER (1300 276 537).