under contract
Code

CC208

Location

Sydney Northern Beaches

The opportunity

A leasehold, preschool

Asking Price

$195,000

Young children playing with various toys on a table at a childcare center in the Newcastle area of NSW
General Information

Located in the Sydney Northern Beaches area within close proximity to Manly.

This 17 place preschool has been established for approximately 20 years

Low rent of $55,000 approx, p.a and only CPI annual increases

Approximately 8 years remaining on the lease including a 5 year option and the business is being sold on this basis

Short operating hours of 8am to 4pm. However, service approval is from 7am – 6pm – huge potential here. Consider operating a short day and long day service

No meals (morning tea only).

Fees are $95 and therefore lower than the market for this area.

The occupancy is approximately 46%, but huge potential for motivated owner operators to increase the operating hours and capture the commuter market

The owner wants it sold, Asking $195,000.

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

More Information