Asking Price
R11,000,000
Monthly Profit
R354,166
Asset Value
R 11,800,000
Stock Value
R 0
Yearly Net Profit
R 4,249,996
Summary
Private school with two properties
Give me more informationFully describe the business's activities?
Private school grade RRR to Grade 12
2 Properties need to be bought at R9 000 000
2 Properties need to be bought at R9 000 000
How does the business operate on a daily basis?
There are 17 classes in total
Property 11 Panorama is used for the following course: a total of 7 classes
Grd RR
Grd R
Grd 1
Grd 2
Grd 3
As well as 2 senior phase classes used for maths, art, and Life Orientation.
Property 9 Panorama is used for the following grades and has a total of 10 classes
Grd 3 – 12
Property 11 Panorama is used for the following course: a total of 7 classes
Grd RR
Grd R
Grd 1
Grd 2
Grd 3
As well as 2 senior phase classes used for maths, art, and Life Orientation.
Property 9 Panorama is used for the following grades and has a total of 10 classes
Grd 3 – 12
What Advertising/Marketing is carried out?
Google and word of mouth.
What competition exists?
Curro,and Advtech Group
How could the profitability of the business be improved?
Expand to a third property.
Give a breakdown of staff/ functions/ length of service?
A full breakdown will be made available during due diligence
How involved is the Owner in running the business?
By weekly meetings with management team
When does the current lease end?
The business owns two properties, and a 3rd is on lease and used as a playground.
The two properties are for sale at R9 000.
The two properties are for sale at R9 000.
What are the trading hours?
7h30 to 18h00 Monday to Friday
What are the main assets of the business?
Two fully zoned properties with furniture and fittings
Strengths?
Exclusive school with small classes for extra attention to pupils
Weaknesses?
Pricing and lack of contact sport
Opportunities?
Proactive in academics
Threats?
Pricing
What is the reason for the sale?
The owner wishes to retire
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