Verified Listing
Posted on August 2, 2021 / 519
Price : R3,700,000
Listing Type : Preschool
Location : Roodepoort
Ref. No : 2753
Year Established : 2015
No. of Employees : 12
Trading Hours : 6:30 - 18:00 M-F
Lease Term : Property included in sale
Turnover : R 188 820 pm
Cost of Sales : R 28 415 pm
Expenses : R 82 422 pm
Net Profit : R 77 983 pm
Asset Value : R 84 165

This profitable preschool is sold with the property and located in one of the West Rands older suburbs. It was established in 2015 by the current owner with 19 learners and now has 60 kiddies ranging from ages 3 months -5 years. The owner has plans in place to start a Grade R classroom in 2022.

The property is situated off a busy arterial main road with several primary schools in the area. The property measures 1190m2. The school netts and average of R77 983,00 per month with a Monthly Turnover of R188 820,00. The monthly expenses are calculated at R82 422,00. A website exists for easy reference to the schools activities and daily programmes.

The asking price is R1,5million for Property & R2,2million for Business

Tash Wetherill – Broker Head Office