Filters
LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R1,400,000
Monthly Profit
R 46,161
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 553,929

Summary

Owner NP of R554 000 pa off a turnover of R2.4m, with every expense covered, 6 teachers & 4 supporting staff, for 50 kids in 5 classrooms; licensed to 85 kids.

Give me more information

Fully describe the business's activities?

The Pre-primary school has over the last 29 yrs acquired a superb reputation in this high income suburb West of Durban. 5 classes with some 50 kids from the ages of 2-5 are taught by 6 teachers, with 4 supporting staff. Class R has a Dept of Basic Education EMIS number, with the other classes under the Dept of Social Development, as is presently the norm. The school is ISASA-based & IQAA-accredited, while being licensed up to 85 kids.

Premises Detail

The premises are owned by the Seller, with a charge of R16 667 pm & would be available to purchase at R2.1m. Some 1 800m2 of land, plus a converted brick house & out buildings, wooden rooms, playground & parking - all in good condition & suited to a pre-primary school, situated on a quiet road, in a high income Suburb West of Durban.

What are the main assets of the business?

Numerous desks, chairs, school boards/ books/ toys, playground equipment, kitchen items, garden equipment. All are in good condition & free-hold to the purchaser.

Strengths?

29 yrs with an excellent reputation
High income suburb West of Durban
Near a top school
Nurturing environment with dedicated teachers & support staff
Good/ safe entrance/exit, on-site parking, attractive environment

Weaknesses?

Elderly owner has not marketed the school enough or used social media

Opportunities?

Grow the school through the correct marketing strategy
Become a teacher within the school

Threats?

That a new school starts-up in the suburb, which realistically wont/cant happen, due to the registration complexities, slow organic growth by new untested schools, teachers not likely to swap to a new-comer into the market.

What is the reason for the sale?

Retiring after years of service

Location

Contact | Enquire

Cliff

Cliff Bell

LocationSouth Africa

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

E-commerce Business for Sale: The Benefits

Whether you’re looking into buying an e-commerce business for sale because you’re passionate abo

Buying a Manufacturing Business for Sale

There are several good reasons why a manufacturer or an entrepreneur might be considering buying ano

What to Consider Before Buying a Franchise

Buying a franchise can either be the best financial investment you ever make or the worst. Therefore

Sellers

How Fast Can I Sell My Business?

With Business for Sale, buying or selling a business has never been easier. We have the ideal tool f

How to Sell a Business Quickly

If you're thinking, "I need to sell my business quickly," it's critical to list your business on the

How to Sell a Franchise

Selling a franchise isn’t the easiest process to complete in the world. The major confusion comes