Please note that the property is also for sale at an additional R7 400 000.
A profitable pre-primary school operated from its own large and well-maintained property. The school is registered, and fully compliant with capacity for 170 children, from infants of three months to Grade R (6- to 7-year-olds). The business strives to ensure the safety, happiness, and security of each individual child and is recognized for quality in all that they do. The schools’ classes are divided into age-appropriate groups, each of which have their own corresponding play areas. The daily programme is aimed at learning through direct play, encouraging the development of self-discipline, while leading the children towards the maturity necessary for formal school. Each child is given an opportunity to develop and explore their potential in a relaxed, happy, and child-orientated environment.
The school offers extra mural activities such as swimming, play ball and ballet which are currently outsourced (and are revenue generating) but can be offered inhouse to increase profitability. As with all private education institutions, the business was affected by the pandemic where many parents had chosen to take on the difficult task of home school to try and save, however the business is starting to pick up now as the economy recovers. The business is ideally suited for an experience pre-primary school owner and operator, looking to acquire a well-established business, and or to grow their portfolio of schools.
The business is valued at R4 140 000, and the property is valued at R7 400 000, making the total asking price of R11 540 000 for a combined sale. The school generates an average monthly turnover of R330 000 with average monthly expenses of R139 833 and an average monthly net profit of R140 167 before the owner’s drawings.