Education & Training | Childcare - Poverty Bay Area

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Childcare - Poverty Bay Area

East Coast | Ad ID# 3196
Industries  >  Education & Training
Asking Price $150,000.00 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

Childcare - Poverty Bay Area

Licenced for 35-40.

100% Occupancy (circa).

EBIDT returns of circa $220k (fully managed).

Business Asking: $800K by negotiation (3.63x)

Property Asking: $700K. Based on rental of $52,200 per annum with a yield of 7.45%.

Total Asking Price is $1.5M business and land/ buildings

This is a charming centre, fully managed and sitting in the beautiful Poverty Bay area of NZ. The vendor is not based in the area and visits the centre very rarely, i.e once in the last year. Obviously with superb staff in place that love and nurture the business, this centre is humming along perfectly.

The centre is well resourced so is a 'turn-key' operation beautifully presented with a great website presence.

Strictly Confidential - to find out more, visit, register your details and submit the online Confidentiality Agreement. The best way to contact Brett is by email - he cannot discuss any further details unless you have first completed an online CA. Many thanks for your understanding and he will be in touch once receives your expression of interest.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

General Information

Home-Based: No


Real Estate: Lease

Other Information

Reason for Selling: NA