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