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