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Private School In The South Of Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R21,000,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

The school was first established in 1975 and operates as a primary and high school. The school is run as a combined school and is registered with the GDE, IEB, and is accredited by UMALUSI. This school enjoys an incredibly high rating from both Umalusi and with IQAA under the auspices of ISASA. The present owner has run the school for over 40 years.

It is situated in the south of Johannesburg and the owner manages the operation on a day to day basis with delegated authority to two principals who run the Primary and High Schools respectively. HR, Administration, Finance control and general overseeing is done by the owner.

The seller is asking R21 million for the school and the school property.

Property Information

Real Estate:

Real Property Included

Location:

Johannesburg South

Premises Details:

School is on over 5000 square meters

Size in square feet:
5,200
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

Owner would like to retire so as to spend more time with the family

Trading hours:

07h00 to 16h00

Employees:
31
Years established:
1975

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R250,000