Verified Listing
Posted on September 5, 2017 / 1222
Price : R20,000,000
Listing Type : Private School
Location : Johannesburg
Ref. No : 2356
Turnover : R1 079 662
Expenses : R265 867
Net Profit : R813 795

This school first operated as a nursery school in 1986 before expanding to include a primary school in 2007. It has grown from 64 pupils in 2008 to a current total of 250+, but can easily accommodate many more students.

The school comes with 6 properties, with a number of adjacent properties willing to sell thereby providing potential for significant expansion. In 2009 a double-story classroom block was built to cater for the additional demands of enrollment in the school. The academy is situated in a prime location in a well-established and upmarket residential area and just off many main arterials.

The owner has spared no cost in providing a loving and caring environment where pupils are known by their name. It comes with a fully equipped kitchen, complete and well-equipped play area with a large sand pit for the younger kids, as well as a large play area under artificial turf for the bigger kids to play netball, softball and soccer. It has good security, a thriving Facebook page with a very user-friendly website.

This school is registered with the Department of Education and is registered to operate from Pre-primary children to Grade 7. The property has been zoned accordingly. Unfortunately, the seller is looking to retire and is seeking a buyer will be able to take this school to a new level.

The seller is asking R33 million for this beautiful school/learning environment that is well situated and on a number of major routes.

* Troy Maidwell – LP JHB West Rand