High Net Profit and room for Expansion
- T/O FY 20 $1,095,243
- Licensed for 80 – possibly increase to 100
- Excellent location – northern suburbs Perth
- In heart of business/retail precinct over 12,000 workers
- Opened in 2016
- Long Lease until 2038
- Low rent per annum $105,000 + GST
- Under management
Location – Location – Location
The business is in the heart of one of Perth’s largest commercial precincts and a walking distance to around 200 retail and commercial businesses which makes an excellent location!
A 5-minute walk across the road is the second largest shopping centre in Western Australia with over 500 shops and an estimated 12,000 + staff working within walking distance of the centre. Not only two hospitals but also numerous other health businesses are within the vicinity. Providing an opportunity for a Buyer to tap into.
The location is also only 2 minutes drive from the freeway entrance which is the closest entry point for all travellers driving to the freeway from a large newly developed suburb close by. Parents travelling to get to work in the CBD would use this freeway entrance.
Flexibility and opportunities!
This childcare centre is operating most weeks of the year from 8 am to 5:30 pm to accommodate working families and possibly adjusting the opening hours to meet the needs of the many health and hospital workers in the area could increase occupancy.
The centre is currently using the Montessori way of teaching children for 2 to 5 years old. However, the buyer may gradually transition to a different programme whichever the buyer prefers or just continue the existing Montessori structure.
The buyer may also opt to add OSHC to further increase income and occupancy because there is a strong demand for OSHC in the area and few options. The premises are large enough to offer separate space for OSHC inside and outside activities. The childcare centre’s service approval does not prohibit the centre from accommodating babies or toddlers under 2 years, the owner just chooses not to accept enrollments for that age range. A buyer on the other hand, can easily add into the programme as suitable space is available.
Marketing the business to a broader consumer base should see the centre operating at much higher occupancy levels and even higher net profits.
Act quickly to secure this opportunity childcare for sale Perth.
You can contact Angela on 0416 109 017 or E: firstname.lastname@example.org
Click Here to view the report that was released by Bankwest in regard to the Childcare sector economic performance both now and future projections.