The school was established nearly 50 years ago and is an English medium primary and high school catering from Grade 0 to Grade 12 learners. It is located in the south of Johannesburg and is situated on over 5200 square meters of prime property. This school is registered with the GDE, IEB, and also accredited with UMALUSI. Like all other private schools, this School was affected by the recent COVID-19 pandemic (there were 360 learners before COVID-19) and the after-effect of COVID-19 economically. However, the school has recovered well and is going from strength to strength. The school can cater for 450 learners but currently has around 165 learners in 24 classrooms. The school is situated on approximately 5,200 square meters and can be expanded. The sport field is multi-purpose and caters for soccer, netball and cricket. The seller is asking R 8 million for the business operation, all the assets including the property.
- Asking Price:
- R8,000,000
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Joburg South
- Premises Details:
-
On approximately 5200 sq meters.
- Size in square feet:
- 5200 sq meters
- Planning Consent:
-
Yes
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Yes
- Competition / Market:
-
Yes
- Reasons for selling:
-
The school is in a deceased estate.
- Trading hours:
-
07h00 to 16h00
- Employees:
- 30
- Years established:
- 1975
Other Information
- Support & training:
-
Yes
- Furniture / Fixtures value:
- R400,000
- Inventory / Stock value:
- R50,000
