With an established and dedicated teaching team in place, this childcare business presents an attractive opportunity for a new owner seeking flexibility in their role within the business. With a full teaching team in place, you do not need to be a qualified teacher.
* The childcare centre is licensed for 70+ children and enjoys a good reputation in the thriving suburb.
* The centre has a good teaching team led by an ECE Manager.
* Business is operating at around mid-70% occupancy, so has an ongoing upside to optimise.
* The centre's location is in a thriving commercial precinct within a populated residential suburb.
* EBIDTA for FY2023 is close to $200k, after deducting shareholder's salary.
The day-to-day operations of the business are efficiently managed by a qualified and trained team, overseen by the owner who assumes a part time support role.
The barriers to entry for establishing new childcare centres have significantly increased. As of February 2023, a pre-approval/Network Management Approval is mandatory, based on area-specific demand, supply, and other criteria. Additionally, upcoming housing intensification will further fuel the demand for childcare services in the area.
This business appeals to a broad range of individuals, including ECE-qualified owners or those assuming an administrative overseeing role, leveraging the existing systems in place to optimize the centre's capacity and increase its income and overall value.
Price $775,000
Note: The vendor advises strict confidentiality - further information will be provided strictly to genuinely interested and prequalified parties only after submission of a Confidentiality Agreement & required discussion.
Contact Munish Verma - 021 113 9768, or email MunishV@abcbusiness.co.nz
For further information regarding this sale, please complete our online confidentiality agreement.
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