Ref. No - BFS937735

LocationSouth Africa, Gauteng

Ref. No - BFS937735

Sector - Services

Asking Price
R7,600,000
Monthly Profit
R137,278
Asset Value
R 3,785,326
Stock Value
R 0
Yearly Net Profit
R 1,647,339

Summary

Preschool has excellent facilities in an ideal location. Well established, strong track record, easy access for safe drop off of children. Offers preschool, aftercare, and baby care. Room to grow. School and property being sold together.

Give me more information

Fully describe the business's activities?

The school offers preschool, aftercare and babycare based on the Montessori education philosophy. The curriculum includes language literacy, mathematics, practical life, cultural and sensorial subject matter. Also offered are CAPS, Grade R and s tutor centre.

How does the business operate on a daily basis?

Children are dropped at the school at the start of the day. They participate in the appropriate curriculum and are collected on completion of the days activities. The school provides breakfast and lunch for the children. Snacks and other consumables such as diapers are provided by the parents.

What Advertising/Marketing is carried out?

Website and front facing signage on a high traffic location in a developed business corridor

What competition exists?

There are other preschools but no other Montessori schools or English medium schools are in the area.

How could the profitability of the business be improved?

There is an unutilised area that could be converted to double the capacity of the school and increase the footprint
A tutor centre would expand the school offering while significantly boosting revenue and profitability

Give a breakdown of staff/ functions/ length of service?

2 x 10 years
2 x 5 years
4 x 15 years

Do any have management potential?

Yes, at least one teacher and one assistant

How involved is the Owner in running the business?

100%

When does the current lease end?

The land and buildings of the school are owned and are for sale along with the school
Consent could be obtained to operate a primary school from the premises as well
The school is located in an easily accessible business corridor

What are the trading hours?

06h30 - 18h00 Monday to Friday
The trading hours have local approval

What are the main assets of the business?

Brand name and reputation
Facilities (asset register will be supplied to an approved buyer)
Premises customised to preschool, aftercare and infant care with municipal zoning and regulatory body approval

Strengths?

Only Montessori school in the area
Well established with a proven track record of excellence prioritising education
Experienced and reliable staff resulting in a school always operating at full capacity
Affluent location with easy access to metros
The Education sector is an insulation against the economic cycle
High visibility, drive through location for safety and convenience
Location opposite a primary school and with many other primary schools in the area

Weaknesses?

No apparent weaknesses

Opportunities?

A tutor centre can be accommodated
Primary school consent could be obtained
Conversion of unused upstairs space could double capacity of school
Expansion of aftercare - the school is within walking distance of other primary and pre-primary schools

Threats?

Possible disruption of staff due to change in management

What is the reason for the sale?

Owners wish to relocate, returning to their home town
Location

Contact | Enquire

Malcolm

Malcolm Keevy

LocationSouth Africa, Gauteng

Preferred method of contact

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