Verified Listing
Posted on January 22, 2021 / 597
Price : R2,700,000
Listing Type : Nursery School
Location : Roodepoort
Ref. No : 2692
Year Established : 2014
No. of Employees : 6
Trading Hours : 06h30 - 18h00
Turnover : R 98 200 pm
Expenses : R 26 700 pm
Net Profit : R 71 500 pm
Asset Value : R 150 000
Business Value : R 1 250 000
Property Value : R 1 450 000
Erf Size : 1 500 m2

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

The owner established the school in January 2014 and have grown it to 84 little learners and aftercare students before the lock down began. It currently has consent for 50 and to accommodate the constant influx of kids, the sellers have recently added another classroom measuring 44m2 and have also approved council plans to add on another 3 new classrooms measuring 20m2 each. Because of the demand for quality and registered nursery schools in the area, the seller has written approval to accommodate the excess little learners. Even with the Covid regulations in place, this school can still easily accommodate the learners it has consent for.

R2.7 million for the school (includes the business, the assets and inventory at R1 250,000.00 and the property at R1,450,000.00) this is an opportunity not to be missed as it is only for a limited period. As the seller has reduced the asking price, they are not negotiable, and the buyer must have proof of funds.

Tash Wetherill – Broker Head Office