Childrens Education - Play Centre - Childrens Play Studio - Netts approx $42k p.a. - G1784

Childrens Education - Play Centre - Sydney CBD - Agent SBX Code Number: G1784

Play Studio which is not a daycare, but a community space where you and your children can visit together to play, learn and have fun and caters for babies, toddlers and children from 4 months to 5 years. Offering process art, music, science experiments and sensory play. They offer school camps during school holiday periods and birthday parties on the weekends.

Potential
A new owner could reduce wages and increase profits. - Could promote the space for more birthday parties on the weekends. - Can sell more products in the small shop or online. - Potential to franchise.

Features
A safe and clean environment. - The studio has two HEPA air filters that remove over 99% of airborne viruses. - Staff are fully Covid-19 Vaccinated. - No competition in the district. - Fully equipped and nothing to spend.

Premises
This business has an area of approx. 160 sq mts. including bathroom and storage.

Location
Well located in a busy shopping district and residential area in the Eastern Suburbs.

Trading Hours
6 days - Monday to Friday 9 am to 430 pm and Saturday 915 am to 12 noon. Sunday Subject to availability

Lease
5 year lease + 5 year option (expires 31 July 2031). - 3.5% Annual increases. - 6 month bond

Employees
1 owner + 2 casual staff (as required)

Comments
Owner is willing to consider all offers to sell the business on a w.i.w.o. basis or would be willing to consider the transfer of lease without the furniture and equipment.

Figures
Weekly Sales $6750
Rent (ex GST) $2884
Wages $2285
Profit $831

Agent SBX Code Number: G1784 - SBX Business Brokers

For more details, please email broker or call agents.