Summary
This well-situated Early Learning Centre, in East London, is registered to care for children from babies (2 months) to Grade R (6-year-olds). Children are taught to love learning as they absorb large amounts of information during the first few years of their life. Parents and visitors are impressed with the high standard of education. The Pre-Primary classes are involved in school readiness programmes including literacy, numeracy, life skills and basic computer skills. Three playgrounds ensure that each group of children mix with peers of their own age. The children are exposed to outings, displays, extra-mural activities and special l days of celebration every term.
Give me more informationFully describe the business's activities?
Children are taught to love learning as they absorb large amounts of information during the first few years of their life. Parents and visitors are impressed with the high standard of education.
The Pre-Primary classes are involved in school readiness programmes including literacy, numeracy, life skills and basic computer skills.
Three playgrounds ensure that each group of children mix with peers of their own age.
The children are exposed to outings, displays, extra-mural activities and special l days of celebration every term.
How long has the business been established?
It was established in the early 1970’s.
How long has the owner had the business?
How does the business operate on a daily basis?
How are the clients attracted to the business?
What Advertising/Marketing is carried out?
Does the business have any contract work?
What competition exists?
What are the seasonal trends?
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
What percentage of the business is cash/credit?
What is the age analysis of the debtors book?
How could the profitability of the business be improved?
Reducing staff & salaries.
Is Seller finance available and for what amount?
What is the total staff complement?
Give a breakdown of staff/ functions/ length of service?
Record of service available.
Do any receive special perks or incentives?
Are they on contract?
Do any have management potential?
There is already a management team in place.
How involved is the Owner in running the business?
They fly to the business on a fairly regular basis.
When does the current lease end?
The owners are offering the building for sale at a selling pricce of R 2 550 000 which will be a separate sale agreement.
The lease agreement will contain a provision that the new owner of the school will have the right of first refusal to buy the building.
Is there an option of renewal & what period?
New owners will be able to negotiate a new lease with the Trust, which is the current owner..
What are the trading hours?
What is the square meters of the business?
Is a copy of the lease available?
Do you require a licence?
What lease deposit and/or other surety is required?
What are the main assets of the business?
Are any items not included in the sale?
What is their overall condition?
Do any require repairing?
How have they been valued ?
Are they presently insured?
Strengths?
Opportunities?
Offer holiday/weekend care.
Threats?
Economic climate.
What is the reason for the sale?
Why is this a good business?
A full management team in place.
Very well known and has an excellent reputation.

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