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Small Private School In Fourways For Sale

Fourways, Gauteng, South Africa
Asking Price:
R8,600,000
Sales Revenue:
R3M - R8M
Cash Flow:
R3M - R8M

This school caters for children from Grade R to Grade 7 but has the necessary authority to teach children up to Grade 12. The school has consent use for 135 children and currently there are 80 children enrolled.
This school specializes in providing children that need specialized attention and remedial teaching. The school is one of the few in the area that assists children that do not fit into the mainstream schooling system.
It is situated on 2,500 square meters in the Fourways area and school leases the property. The owner would also like to sell the property but this will be a separate transaction.
The school owner is asking R8.6 million for this very profitable school and is open to all reasonable offers.

Property Information

Real Estate:

Lease

Lease Terms:

To be provided to serious buyers only

Location:

Fourways Gauteng

Premises Details:

The property measures 2,5 square meters and the property is leased by the school.

Size in square feet:
2500 square meters
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Very little

Reasons for selling:

The seller would like to concentrate in the remedial teaching environment

Trading hours:

06h30 to 17h30 Monday to Friday

Employees:
11
Years established:
A number of years ago

Other Information

Support & training:

Will be provided

Financing available:

No

Furniture / Fixtures value:
R250,000
Inventory / Stock value:
R10,000
Relocatable:
This business can be relocated.