This is a relatively small independent privately owned Christian college catering for grades RR to 8. It is registered with the Department of Basic Education and is also an Accredited Examination Centre for the National Senior Certificate. In 2018 the college was accredited by Umalusi making it one of the few independent schools that has full accreditation.
The college operates from leased premises and can accommodate up to 380 learners. The current teacher to learner ratio is 1:17 with the average enrolment being between 280 and 300 learners. This college also has a hostel for 60 residents (24 boys and 36 ladies on separate floors) as well as a crèche and pre-school that can host 85 children.
The seller is planning to retire and is asking R4,100,000.00 for this awesome school.
- Asking Price:
- R4,100,000
- Sales Revenue:
- R3M - R8M
- Cash Flow:
- R1.5M - R3M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease agreement available to serious buyers only.
- Location:
-
Kroonstad
- Premises Details:
-
Leased with an option to renew
- Planning Consent:
-
Yes
Business Operation
- Expansion Potential:
-
Yes
- Competition / Market:
-
Yes
- Reasons for selling:
-
The seller is planning to retire to the cost.
- Trading hours:
-
07h00 to 16h30
- Employees:
- 23
- Years established:
- 1996
Other Information
- Support & training:
-
Yes
- Furniture / Fixtures value:
- R600,000
- Inventory / Stock value:
- R50,000
