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Popular Pre School With Property In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R2,970,000 Furniture / Fixtures included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

Awesome opportunity to purchase an established pre-school that is affiliated to a leading international educational group.

This school has been operating for 22 years and has a great reputation for nurturing and teaching kids from 18 months to 6 years of age. 

Staff - 9. Includes 6 qualified teachers, chef, cleaner and gardener.

The current owner is only there 3 times a week for about 2 hrs.

Turnover - R1,9m.

Net profit - around R800k.

Selling price - R2,97m. (Includes property valued at R2,2m.)
Take over the property company and save over R150k in transfer fees!

Furniture, fittings and equipment - around R250 000 included in the price.

Property Information

Real Estate:

Real Property Included

Location:

Residential suburb

Business Operation

Reasons for selling:

Owner is relocating.

Trading hours:

Mon-Friday 7am-6pm.

Employees:
9
Years established:
22

Other Information

Support & training:

Full handover by seller and ongoing training and support from the group.

Financing available:

Take over Property company with existing mortgage and save over R150 000 in property transfer fees.

Furniture / Fixtures value:
R250,000 - included in the asking price

Contact Information

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