Linda Harley SOLD Childcare Business with option for property - Hawkes Bay
This childcare business offers clients a fantastic learning enviornment on their spacious large site offering large playground and internal building spaces. With further expansions an option (subject to consents) , this business will appeal to a qualified teacher or experienced owner wanting to grow their portfolio.
Located close to schools and in an area of working families this childcare serivce is meeting the needs of the community with occupancy at 80%. This is currently generating an EBIDTA of $101,000 after a rental allowance of $85,750 , offering excellent returns and future upside with potential license expansion and occupancy growth.
There is a dedicated teaching and leadership team in place offering options to replace the current owner who is undertaking an administration role only, or become more active in the business to grow revenue further.
Should you not want to buy the property, a commerical lease will be available to provde long term security as teh business tenant, the property will be sold to a passive investor
Both property and business need to settle contemperaneously.
Is this your new project for 2021 ?
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Business $355,000
Property $1,320,000 +GST if any (6.5%)
