Boutique Childcare Business

Christchurch City

$620,000

Proposed Usage
Services
Description:
Property ID
1bzdk2b

This boutique childcare centre has been established in this growing community for a number of years.

Take comfort from a stable occupancy of circa 90% and a secure commercial lease that offers tenure for up to 20 years going forward.

The business has a stable teaching team in place with teaching time above the MOE ratio, offering scope for upside to an owner/operator.

This business is ideally suited to an owner/operator wanting to take an active role in the business either as a teacher or completing administration duties only .

WIth a 2017 EBIDT of circa $190,000 this is good buying in the current ECE market.

Price $620,000.

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