Education & Training | Ece Group For Sale

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Ece Group For Sale

Auckland | Ad ID# 3122
Industries  >  Education & Training
Asking Price $3,000,000.00 Inventory $
Included in Asking/Selling Price
Gross Income $0.00 Real Estate $Lease
Stock/Inventory value .00 Year Established NA
FF&E $0.00
Included in Asking/Selling Price

Business For Sale By
Chloe Belli

Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below

Ece Group For Sale

Total Licences (combined) circa 120.

Asking Price for the group of 3 - $3M

Current Turnover is circa $1.5M; forecasted to be over $2M by the end of 2018.

*Current (fully managed) returns are in the region of $550K (all 3) with forecasting showing the number to reach $820K by the end of 2018. This forecasting is conservatively done with the number easily being able to exceed $1M.

Each centre is fully managed, two centres are "humming" (fully occupied) with one of those centres about to expand numbers and the third centre is a fairly-new venture in a built-up suburb in one of NZ biggest cities. This centre needs some time and energy put into it, but that has started and the foundation is in place with new marketing about to commence.

- One centre is Auckland based
- The other 2 are within 2.5 hours drive, tops.

The current vendors spend a few hours each week in each centre overseeing the management team. The vendors are prepared to spend some solid time with a handover to ensure the centres continued success.

This opportunity is strictly confidential and to find out more you will need to visit, register your details and submit the online Confidentiality Agreement. Once Brett receives your expression of interest he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

General Information

Home-Based: No


Real Estate: Lease

Other Information

Reason for Selling: NA