Business NO.:
3358652
Status:
Active
Price:
$4,850,000
Plus SAV:
Yes
Updated on:
09/03/2024
Business Features:
Self-managed
Provides the opportunity to own and run your business for greater reward. Find out more about the difference between managed and non-managed investments.

Well Located 80 Places Child Care for Sale Near Glen Iris

Child Care | Business for Sale | Glen Iris

This child care centre is located in an unbeatable location near new residential development sites.

The centre has just completed a major renovation and looking to achieve high occupancy within the next few months.

Excellent reputation with happy families

Permit for 80 places and daily charge is $155 per child

Brand New 25 year lease signed only recently and weekly rent is ~$5,100

Owner works part-time plus 12 other staff.

Projected net profit over $1,100,000 after add backs

Selling due to retirement

Wonderful opportunity for owner-operators or investors. There are many options and huge potential!

Vendor expecting $4,850,000 for the leasehold

For more details, please email broker or call agents.


Her Majesty’s Business Centre Suite 1, 54 Davis Avenue, South Yarra, VIC 3141