28 Place Child Care Centre - High Growth Opportunity

30 days ago

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Summary

Business Headline : 28 Place Child Care Centre - High Growth Opportunity Price : $450,000 Category : Education/Traini...

Employees

5 full time, 1 part time, 3 casual

About the Business

Business Headline : 28 Place Child Care Centre - High Growth Opportunity


Price : $450,000


Category : Education/Training, Other, Child Care


This is an intimate and homely 28 place long day care centre in the South East Sydney suburb of Chifley. Located on an easily accessible residential street, less than 5 minutes’ walk from primary school. 


The centre was purchased by the current proprietor in 2013, and by 2015 the centre reached an average annual occupancy of 95%, with a renovation completed in December 2015.


Over the past 2 years, the Child Care centre has experienced mismanagement in which affected the centres operation, decreasing occupancy and therefore turnover and minimal changes to expenses proportionate to revenue, affecting profit. This is from a multitude of reasons, the key being; Turnover of centre managers, not adjusting expenses accordingly and the company owner not having the time available to manage the centre day-to-day and oversee the groups other Child Care centres. 


Ideal Purchaser


To bring the centre back to its thriving status, the business needs a focused, passionate owner operator and/or an experienced centre/business development manager from an existing Child Care company to add to its portfolio.


Summary


28 Places 
Land Size: Over 900m2
On-site parking
Minutes’ walk from primary school
Compliant with EYLF (Early Years Learning Framework)
Operating since 2010 purchased in 2013
Possibility to increase DA approval
Renovated in December 2015
Potential for high occupancy growth, revenue and cost savings
Very low rent in proportion to achievable turnover 
Converted from low set residential dwelling in 2010
Li

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