SOLD- Beautiful Boutique Preschool and Property - Timaru
This beautifully presented boutique childcare centre and property will appeal to a range of buyers, experienced or new to the childcare sector.
The premises have been delightfully refurbished offering a warm and inviting learning environment for children. Catering for children aged from birth to 5, it has occupancy above 90% with positive reviews from families taking advantage of the service offered.
With an EBIDT of $77,000 (after $39,000 rent) this fully managed centre offers plenty of upside for a working owner to reduce the wages from their current 68% of Gross revenue.
The building is in good order with recent refurbishment providing a fresh presentation inside and out.
The building and business may be sold to different parites, contact me today to register your interest for a confidential inspection
Property $479,000 (8% ROI)