Ref. No - BFS936026

LocationSouth Africa, Mpumalanga

Ref. No - BFS936026

Sector - Services

Asking Price
R3,300,000
Monthly Profit
R 22,045
Asset Value
R 3,000,000
Stock Value
R 0
Yearly Net Profit
R 264,544

Summary

A small, unique nursery school in Mpumalanga with great opportunities for growth - selling for slightly more than asset value.

Give me more information

Fully describe the business's activities?

This is a small, unique, personal educational care center. Registered with the Department of Education, they follow the ELDA curriculum, and class numbers are kept to a minimum. The school currently accommodates around 30 children, aged between 3 months and 6 years old. The owner strives for excellence at grassroots level, and they are considered one of the best early childhood development centers where parents can rest assured that their little ones will receive the best education, nutrition, and care possible.

The property which is included, is purposefully built and has been beautifully maintained. It also doubles up as a stunning kids' party venue.

How does the business operate on a daily basis?

The business is run by the owner, who is assisted by three qualified teachers and one general worker who prepares meals and cleans.

What Advertising/Marketing is carried out?

Some social media marketing is carried out.

How involved is the Owner in running the business?

The owner is actively involved in running all financial and administrative functions of the business and is present at the school on a daily basis.

When does the current lease end?

The seller owns the property which is included in the purchase price.

What are the trading hours?

The school operates from 06:45am - 17:30pm daily.

What are the main assets of the business?

The charming property is the main asset. However, assets also include playground and educational equipment, furniture and office equipment.

Strengths?

This is a lovely school on a beautiful property that has been established for 7 years. Very well located, with high standards and a great reputation. The property doubles up as the perfect party venue with all the facilities in place.

Weaknesses?

None perceived.

Opportunities?

There are good opportunities to provide additional educational services which would boost revenues significantly. Additional classes could be added, and with a more focussed marketing campaign, the party venue would also contribute to improve profitability.

Threats?

General economic threats.

What is the reason for the sale?

The owner would like to pursue other opportunities.
Location

Contact | Enquire

Angela

Angela Smith

LocationSouth Africa, Mpumalanga

Preferred method of contact

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