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Lucrative And Well-recognized Pre-school For Sale

Florida, Gauteng, South Africa
Asking Price:
R2,199,000 Furniture / Fixtures included
Sales Revenue:
R1,200,000
Cash Flow:
R40,000

Lucrative and well-recognized pre-school for sale. Asking price R 2 199 000 (Business, assets and inventory valued at R 1m and freehold property with the comparable sale price of R 1,5m)

Established in 2014 and currently the school has consent for 50 learners and written consent to accommodate an additional 34 learners. Totalling 84 learners.

The freehold property is in a popular area within Florida, with a high demand for registered pre-schools and aftercare this opportunity is not to be missed!

The property is about 1 500sqm with 300sqm building. The Sellers has recently added another classroom of 44sqm and has already approved plans from council for an additional 3 new classrooms.

Year Established: 2014
Turnover: R100 000
Expenses: R 40 000
Net Profit: R 60 000
Business Value: R 1 000 000
Property Value: R 1 500 000


Contact us today for more info.

Property Information

Real Estate:

Real Property Included

Location:

Florida/Discovery - Roodepoort,Gauteng

Premises Details:

Free standing/ Full title property

Size in square feet:
1,500
Planning Consent:

Yes, approved plans from council for an additional 3 new classrooms.

Business Operation

Expansion Potential:

Currently the school has consent for 50 learners and written consent to accommodate an additional 34 learners. Totalling 84 learners.

The Sellers has recently added another classroom of 44sqm and has already approved plans from council for an additional 3 new classrooms.

Reasons for selling:

Owner immigrating

Trading hours:

6h30 - 18h00 Monday to Friday

Employees:
5
Years established:
2014

Other Information

Support & training:

Full training and support provided

Furniture / Fixtures value:
R300,000 - included in the asking price

Contact Information

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