Verified Listing
Posted on August 5, 2021 / 184
Price : R11,000,000
Listing Type : Private School
Location : West Rand
Ref. No : 2760
No. of Employees : 14
Trading Hours : 7am - 6pm
Turnover : R 492 137 pm
Cost of Sales : R 23 659 pm
Expenses : R 253 057 pm
Net Profit : R 215 420 pm
Asset Value : R 276 813
Stock Value : R 219 313
Business Value : R 7 500 000
Property Value : R 3 500 000

A well-established and profitable Private Primary School for sale situated in the West Rand. The school currently has 190 students with capacity for growth to accommodate 279 students. The school provides quality education through a nurturing environment that is focused on academic excellence to prepare its students for life-long learning.

 The school is well located in a suburban area on a 1 930 m2 stand with Town Planning permission to operate as a school. 

The school has 12 classrooms in total, 8 classrooms which accommodate 16 – 18 students, 4 big classrooms that can accommodate 28 students. The seller will assist the new owner on how to register with the Department of Education. 

The total selling price is R 11 000 000 including the business valued at R7 500 000 and the property at R3 500 000. The business generates an average monthly turnover of R492 138 with an average monthly net profit of R215 421 before the owner’s drawings.

Mfundo Nhlabati – Broker Head Office