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Established Creche & Pre-primary School In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R1,750,000
Sales Revenue:
R1,018,404
Cash Flow:
R576,684

This 10-year-old creche and pre-primary school, serving ages 2 years to Grade R, has a large presence in the area and is well known for the high standards achieved year to year, becoming a feeder school to many primary schools.

Located in central Durban, it is surrounded by hundreds of offices and retail premises, employing workers with children, plus numerous residential flats in the vicinity.

There are currently 45 children enrolled at the school. The ground-floor premises, including an outside play area, could accommodate up to 100 children.

There are three permanent staff members, and temporary/casual staff is used when needed.

The asking price is R1,750,000.

Property Information

Real Estate:

Lease

Location:

This nursery is based in Durban.

Business Operation

Reasons for selling:

The owners are immigrating.

Trading hours:

7am - 3:15pm

Employees:
3 employees
Years established:
2015

Other Information

Furniture / Fixtures value:
R60,000