There is an authentic, well positioned Montessori school with a large property in the province of Mpumalanga looking for buyer who is willing to take over the school as the current owners would like to retire.
The school currently caters for learners from 3 years old to International Matric and level 5 Higher Certificate. The school has the necessary consent for 150 learners and currently has 114 learners. The school premises is a large double storey building specially renovated to accommodate the school.
The school currently generates an income of around R176,000.00 per month and after expenses of around R63,428.00 per month, has a net profit of R112,572.00. Not a bad return but it is obvious that the sellers are not driven by money.
The school has recently introduced boarding facilities for 16 boarders. This is sort after and is starting to generate a nice profit for the sellers.
There are two properties - one housing the school and one of the boarding houses while the other property has the other boarding house as well as the playing fields.
The seller s asking R10,500,000.00 for the properties, the school and all the assets.
