The owner of this beautiful and well-established playschool and aftercare is emigrating and needs to sell the business to someone with the same passion and dedication as her. The best part is that the selling price is below par to ensure a fast sale.
Quick facts:
- The school is registered with 50 kids, but only has 37 kids currently by choice.
- Age groups: 3 months to 4 years old.
- The school is a feeder for grades RR and R for a very well-known primary school.
- There is a waiting list for 2024 to ensure that a maximum of 50 kids can be reached.
- Monthly turnover is R 85 000 with a net profit of R 30 000.
- The equipment value included in the sale is +/- R 105 000.
- Selling Price - R650 000.
- ROI is a healthy 55% due to the low selling price.
- The business is run as a sole proprietor.
- Permanent staff excluding owner: 6 employees.
- Rent is very low at R 3 600 per month and must be re-negotiated with the Landlord.
