Boutique Childcare

Wellington

$490,000

Proposed Usage
Services
Description:
Property ID
1bsbn2q

This well established ECE centre is licensed for 25+ catering from birth to school age. With well established educators in place this business offers flexibility in the new owners role to be involved on a daily basis or have a small administration role only.

Providing a homely learning environment in a great location, the business enjoys occupancy above 95% throughout the year.

EBIDT of $124,000 after a rental allowance of $55,000, with scope to improve in future with management of wage costs. This investment will appeal to a range of astute investors.

Price $1,275,000 Freehold Going Concern.

The business may be sold separately at $490,000, with a commercial lease being put in place to ensure long tenure.

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