Verified Listing
Posted on August 2, 2021 / 514
Price : R3,850,000
Listing Type : Preschool
Location : West Rand
Ref. No : 2754
Year Established : 2016
No. of Employees : 11
Trading Hours : 7am - 6pm M-F
Lease Term : Property included in Sale
Turnover : R 145 249 pm
Cost of Sales : R 61 461 pm
Expenses : R 61 581 pm
Net Profit : R 22 207 pm
Asset Value : R 27 730

This preschool is part of an international brand that focusses on self-directed activity, hands-on learning and collaborative play. The business has highly trained teachers that offer age-appropriate activities to guide the process of helping children make creative choices in their learning. The current owners started the school in 2016 with only 7 kids, and have managed to get the numbers up to 50.

With a few minor alterations to the main house, it can accommodate and extra 15 children. The sale of the business includes the magnificent and spacious property which measures close to 3000m2, with the main house at 494m2. The school is well located and in a good and sought after suburb on the West Rand that is central to major businesses in the area.

The business and property are sold together at R3 850 000 million, with an average of R22 207,00 profit per month after expenses. This excludes the owners discretionary earnings.

Tash Wetherill – Broker Head Office