Lovely purpose built centre licensed for 46 plus children set in delightful surroundings. This is a well established and effective childcare centre which has demonstrated good attendance over a sustained period of time. The managed profit, averaged over a 12 month period is approximately $264,700 after deducting rent, based on a 97% occupancy.
The Vendor is retaining the freehold property and will establish a long term ADLS Lease with the business purchaser.
The current owner works in an administrative role in the centre for around 25 hours per week. This time includes support of the centre manager in the day to day running of the centre. A new owner does not need to be ECC qualified and could take on a similar role.
Price $1,050,000