sold
Code

CC208

Location

Sydney Northern Beaches

The opportunity

A leasehold, preschool

Asking Price

$195,000

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