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Secure Preschool In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R8,000,000
Sales Revenue:
R3M - R8M
Cash Flow:
R1.5M - R3M

This preschool currently caters for babies from 3 months and children up to Grade R. It has consent for 70 children, and currently the school is at capacity. It is one of the few schools that has a waiting list.

There are 6 classes with another class being used for extra murals. The school has 5 teachers and 7 assistants, all of whom have the required qualifications as dictated by GBE.

The property is situated in a cul-de-sac and measures 1860m². The property is in a prime location just off a busy arterial in Randburg.

The seller is asking R8 million for the business, its assets as well as the property.

Property Information

Real Estate:

Real Property Included

Location:

Randburg

Premises Details:

The property is situated in a cul-de-sac and measures 1860m². This property is in a prime location just off a busy arterial in Randburg.

Size in square feet:
1860 sq. meters
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

Seller retiring to the coast

Trading hours:

06h00 to 17h30 - Monday to Friday

Employees:
12
Years established:
1997

Other Information

Support & training:

yes

Furniture / Fixtures value:
R500,000
Inventory / Stock value:
R10,000