Code
CC196 sold
Location
Carlingford - Epping area, only 15 minutes from Parramatta
The opportunity
Established 14 years approx
Asking Price
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