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West Rand Nursery School With Property For Sale

Roodepoort, Gauteng, South Africa
Asking Price:
R3 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under R100K
Cash Flow:
Under R100K

Located on a main arterial on the West Rand is a profitable and well-established nursery school for sale. This school comes with the property measuring some 1,500 m² which provides plenty of space for the little ones to play.
The owner established the school in January 2014 and it had grown to 84 little learners and aftercare students before the lock down began. It currently has consent for 50 and to accommodate the constant influx of kids, the seller has recently added another classroom measuring 44 sq metres and has also approved council plans to add on another 3 new classrooms measuring 20 sq metres each. Because of the demand for quality and registered nursery schools in the area, the seller has written approval to accommodate the excess little learners. Even with the Covid regulations in place, this school can still easily accommodate the learners it has consent for.
The owners were thinking about applying for a larger consent but have decided to emigrate. At the asking price of R2.7 million for the school (includes the business, the assets and inventory at R1,4 million and the property at R1,3 million).
The property is also zoned for townhouse development.
For more information please contact

Property Information

Real Estate:

Real Property Included

Location:

Discovery, Roodepoort

Premises Details:

The house has been converted to a nursery school

Size in square feet:
1500 sq metres
Planning Consent:

Yes has consent for 50 children at the moment. The new owner can apply for a larger consent

Business Operation

Expansion Potential:

Add more classrooms - approved plans exist for 3 more classrooms

Competition / Market:

There are other nursery schools in the area but none can compete with this school. It operates by word of mouth and often kids are place d on a waiting list

Reasons for selling:

The owners are planning to emigrate back to the UK

Trading hours:

06h30 to 18h00

Employees:
5 because of Covid
Years established:
2014

Other Information

Support & training:

The seller is prepared to assist the potential buyer for an agreed period of time

Furniture / Fixtures value:
R150,000 - included in the asking price

Contact SA Land

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