This school is one of the few pre-schools that have been granted educational rights. Most pre-schools have consent use, but the seller has gone that extra mile in applying for educational rights.
The school has a licensed capacity for 60 children and currently there are 22 children with applications being received daily. The owner is selective on enrollments and prefers smaller classes so that the children get that individual attention.
The school currently leases the premises and the property owner can be approached to perhaps sell the property at a later stage. As such the aking price for the school and all its assets is R1.7 million.
The seller would like to retire and start a new chapter in her like.
- Asking Price:
- R1,700,000
- Sales Revenue:
- R500K - R1.5M
- Cash Flow:
- R100K - R500K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
For interested buyers only.
- Leasehold Rent:
-
239,000 per annum per annum
- Location:
-
Rivonia Area
- Premises Details:
-
Premises are rented. There are 4 classrooms
- Size in square feet:
- approximately 1200 sq meters
- Planning Consent:
-
Yes
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Yes
- Competition / Market:
-
Yes
- Reasons for selling:
-
The seller would like to retire
- Trading hours:
-
07h00 70 17h30
- Employees:
- 4
- Years established:
- 2012
Other Information
- Support & training:
-
Yes
- Financing available:
-
No
- Furniture / Fixtures value:
- R80,000
- Inventory / Stock value:
- R5,000
- Relocatable:
- This business can be relocated
