Verified Listing
Posted on July 19, 2019 / 136
Price : R3,400,000
Listing Type : Pre-School
Location : West Rand
Ref. No : 2573
Year Established : 2014
No. of Employees : 6
Trading Hours : 6:30am - 6:00pm
Turnover : R 98 200
Expenses : R 26 700
Net Profit : R 71 500
Asset Value : R 290 000
Business Value : R 1 950 000
Property Value : R 1 450 000

Located on a main arterial on the West Rand is a profitable and well-established pre-school for sale. This pre-school comes with the property measuring some 1,500 m² which provides plenty of space for the little ones to play.

The owners established the school in January 2014 and have grown it to 84 little learners and aftercare students. It currently has consent for 50 and to accommodate the constant influx of kids, the sellers have recently added another classroom measuring 44 sq metres and have also approved council plans to add on another 3 new classrooms measuring 20 sq metres each. Because of the demand for quality and registered pre-schools in the area, the seller has written approval to accommodate these 84 little learners.

The owners are thinking about applying for a larger consent but have decided to emigrate. At the asking price of R3,4 million for the pre-school (includes the business, vehicle as well as the assets and inventory at R1,950,000.00 and the property at R1,450,000.00) this is an opportunity not to be missed.

Steve Van Rensburg – Roodepoort