Childcare Business for Sale in Western Suburb of Melbourne

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Summary

•A high performing business with current occupancy at approx. 80%, and revenue for FY 2024 over $1.6 mil including $220,000 kinder funding.

About the Business

•Licensed for 60+ places.
•A single level early learning centre offering long day care and kindergarten programme.
•A high performing business with current occupancy at approx. 80%, and revenue for FY 2024 over $1.6 mil including $220,000 kinder funding.
•3,587 children aged 0-4 within the 3-km radius of the site in 2024 with a demand ratio of 3 children per place within Catchment.
•Benefit from affordable rent of approx. $1,940 per place or $131,919 per annum with long term lease available.
•The daily fee within the catchment reaches as high as $160 per child, while the business charges a daily fee of only $125+ per child, offers a room for potential increase in the fee.
•The centre is surrounded by approx. 17 primary and secondary schools within a 3 km radius with more than 9,000 students enrolled.
•Excellent location, approx. 1.8km from major arterial and located on a busy road, with over 65,000 vehicles passing daily, offers great visibility for marketing purposes.
•The centre is located approx. 6 mins drive away from a housing estate with a total of 1600 new lots which are already sold out, bringing more families in the area.

Business Price: $1,400,000

Contact Wendy Zhou on 0422 011 188 or Jasmine Li on 0499 115 330 to receive a copy of the information memorandum.

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ASL Real Estate and/or their agents, for themselves and for the vendor/landlord of these properties for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) All information given in relation to these properties is current up until the creation and distribution of this document, (iii) Intending purchasers/tenants should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iv) No person in the employment of ASL Real Estate has any authority to make or give any representation or warranty.

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