Swim School – Southern Suburbs

16 days ago

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Internal Ref: WM347

Summary

Buy the business with a new lease or buy the business and property

About the Business

This well known swim school has been established for 30+ years and operates from a fantastic, purpose built premises with excellent off street parking located right in the middle of an affluent suburb.

The premises includes the swim school and a separate 4 bedroom residence that can be use by the successful purchaser or leased to a tenant and pocket the rent.

The business has a long term manager who looks after most of the day to day operations with part time assistance from the owners.

Over recent years the owners have made significant upgrades to the plant & equipment and the premises resulting in a first class facility with nothing to spend.

Short trading hours provide the new owners with huge growth opportunities through extended trading hours and additional class types.

The is a very rare chance to secure a highly regarded and profitable swim school and be your own landlord!

Option 1: Business Only
Buy the business and lease the property including the residence.
Profit to owners (after rent) will be around $180K
Price: $475,000

Option 2: Business and Property
Buy the business and property
Profit to the owners will be around $270K plus approx. $30K of rental income for the residence.
Price: $2.5 mil

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