This school has been in operation for close to 6 years, and has experienced significant growth over this period. Currently there are 368 students and with its planned roll out strategy over the next 3 years, the school should experience a natural growth of around 8.33 % per annum. This growth can be easily absorbed as the premises can cater for around 1000 students.
This school is situated in a prime location in a well-established, middle class residential area. It is conveniently situated off many main arterials for parents to drop the students off on their way to work.
Unfortunately, the owner and his partner is looking to retire and would like to sell the school to a buyer who can take this school to the next level. The seller is asking R 13.5 million for this registered school, all its assets as well as its excellent growth potential.
- Asking Price:
- R13,500,000
- Sales Revenue:
- R8M - R15M
- Cash Flow:
- R13
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Seller will provide details to interested buyers only
- Location:
-
Thabazimbi, Limpopo
- Premises Details:
-
The premises are leased
- Planning Consent:
-
Yes
Business Operation
- Expansion Potential:
-
Yes
- Competition / Market:
-
Yes
- Reasons for selling:
-
The seller and his partner would like to retire
- Trading hours:
-
07h00 to 16h00
- Employees:
- 31
- Years established:
- 2017
Other Information
- Support & training:
-
Yes
