Filters
LocationSouth Africa, Mpumalanga

Sector - Sales & Services

Asking Price
R3,700,000
Monthly Profit
R 73,472
Asset Value
R 1,900,000
Stock Value
R 10,000
Yearly Net Profit
R 734,720

Summary

Give me more information

Fully describe the business's activities?

This is a well established nursery school which has operated successfully for more than 30 years. The school caters for babies and preschoolers up to grade R and currently accommodates around 100 children, with a license for intake of up to 140.

How does the business operate on a daily basis?

The school is run primarily by the principal, assisted by a dedicated team of teachers. Kids are provided with healthy meals and are well cared for in an instructive and nurturing environment. The school opens at 6:30am and closes at around 6:30pm.

What Advertising/Marketing is carried out?

Very little advertising is carried out. There is no need.

How involved is the Owner in running the business?

Minimal involvement as the owner lives in another city.

When does the current lease end?

Not applicable as the property is owned by the business and is included in the sale.

What are the trading hours?

The school operates from 6:30am to 6:30pm daily.

What are the main assets of the business?

The property from which the business operates is included in the sale. There is also a full list of the movable assets on file.

Strengths?

Operating for more than 30 years, this school has an excellent reputation and is very well located. The staff have been with the school for many years and are highly experienced. Good, stable income and strong cash flow.

Weaknesses?

No discernible weaknesses.

Opportunities?

To operate the school at capacity.

Threats?

None have been identified

What is the reason for the sale?

The owner would like to retire. She lives in another city and has not been involved in the business on a full time basis for quite some time.

Location

Contact | Enquire

Angela

Angela Smith

LocationSouth Africa, Mpumalanga

Preferred method of contact

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