Fantastic opportunity - Vacant Childcare Centre For Sale or For Lease
15 Rosebank Ave TAREE NSW
Listing ID. 0059
This 2 room + a cot room childcare facility was purpose-built, and while it is currently licensed for 46 children, there should be, potential to increase the capacity, as it is situated on a huge 2,360 square metre block in the centre of a well established residential area of Taree on NSW's mid north Coast.
The current business is owned and run by a mother/daughter partnership and has been established for 10 + years. As their business is now booming, they have now decided to build a new centre of their own within Taree, and as such they will vacate the property in Jun 2016 when their lease expires.
The opportunity... in which they invested 5+ years ago, when they first purchased the business ...is now available to the next motivated/experienced person and as such, it won't last long on the market. The possibilities for establishing a new business are endless and a catchment/needs assessment report has been commissioned that will be provided to prospective buyers or tenants*. This report provides direct data and statistics on the childcare sector, which in turn proves that the town of Taree is an opportunity just waiting for, another new childcare centre, that is well run by an experienced and committed operator/owner.
- 46 Place - With potential room for expansion of the licence.
- Purpose built 3 room facility - includes a cot room.
- If you are looking to lease a 10+10 + 10 year lease is offered with a rental of $59,800 pa ($1300/place)
- Perfect opportunity as there is 6 Months to plan your opening in late June
- 6 Months to establish the business model with websites, Facebook and local marketing
- A professionally complied report, called a needs assessment and or catchment report is available to all interested parties*.
Current values with the childcare sector - Currently childcare business are valued at 4/5 x the EBIT (annual net profit).
Potentially if a tenant was to lease the facility for 2-3 years and establish a business returning a net profit of $200,000 pa ... the business would be an extremely attractive opportunity and would be worth $800,000 - $1,000,000 ... if you choose to sell.
We appreciate that a new business needs time to establish itself, and we know that;
... any new operator needs confidence in their ability to re-establish a successful centre.
... any new operator with this confidence and experience ... will naturally attract AAA grade staff
... which will in turn attract children/families.
... which will then earn a high income and build a solid financial future for the owners.
The opportunity to create a new childcare business without spending $1,000,000 + on buying an established business + the property, is indeed a rare one, and 1 that should NEVER be under estimated.
Please feel free to call me at any time to discuss your options and the potential for you to successfully open and operate this centre.
This centre needs to be re-equipped internally and estimated costs for soft furnishing and fit out will be $90,000 - $100,000 ... this will then provide you with 6 month window to establish the operating brand and reopen mid year with committed enrollment of 20-25 children ... and a plan of strong growth until Jan 2017.
For lease at $59,800 pa + out goings and GST .......... or sale for at $725,000
* All parties that request a needs assessment must complete and sign and confidentiality agreement, to confirm they will not use the contained data to the disadvantage of any new tenant or buyer.
For full Information please contact Australian Childcare Brokers.