Auckland / Auckland

Auckland - Sold

Web Ref #34521
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Particulars

Address:
Auckland
Price:
Sold
Listing ID:
34521
Category:
Services

Central Auckland Childcare - Well Connected Suburb

A profitable opportunity awaits your acquisition in a well-connected central suburb of Auckland. Situated on a generous section of over 1,190m2, this childcare offers expansive playgrounds for children's activities, larger than usual comparable centres of this license size.

Licensed to accommodate approx. 40 children, the quiet location of this childcare whilst offering privacy, has been well known to the community for decades.

Some key features of this opportunity:
- Convenient proximity to the motorway, providing ease of commuting for families.
- Real estate cost in the area poses a high barrier for future competition.
- EBIDTA for FY2023 is approx. $200k; upside exists for improved profitability.
- Very reasonable lease terms: Only 1.5% fixed rent increase annually.

This unique opportunity would appeal to a dedicated ECE teacher/manager to become their own boss acquiring an entry-level business offering quality practices and care.

As of February 1, 2023, pre-approval is mandatory for new childcare establishments, further underscoring the premium value of existing centres. Moreover, with upcoming housing intensification initiatives, the future demand for quality childcare within the locality will keep increasing.

Price $620,000

Note: The vendor advises strict confidentiality. Further information will be provided strictly to genuinely interested and prequalified parties only after the 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. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34521

Particulars

Address:
Auckland
Price:
Sold
Listing ID:
34521
Category:
Services

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