sold
Code

CC196 sold

Location

Carlingford - Epping area, only 15 minutes from Parramatta

The opportunity

Established 14 years approx

Asking Price

Child playing with lego and number blocks at a childcare center in Carlingford, Epping area in Sydney
General Information

This 28 place leasehold centre is located in an established suburb 10 minutes drive from Epping and 15 minutes from Parramatta. There is a 4 bedroom residence above the centre which is presently sublet. The preschool and residence are in superb condition.

The lease remaining is 2 + 3 +3 and the net rent is approximately $64,000 after sub-let income from the residence. The residence is spacious with 4 bedrooms and ducted air-conditioning. The business purchaser has the option of continuing with the sublet or living in it at expiry of the existing lease.

The vendor spends minimal time at the centre and is not included in the ratios. There is a manager appointed and there is an ECT who is the education leader. Meals are catered for by an external company however there are full kitchen facilities.

This 28 place centre provides an excellent opportunity for owner operators and perfect as a first business

For further details please contact David Ferguson 0412 488 295, or follow the email link below

More Information