CODE ME094
BUSINESS TYPE Child Care Centre
AREA  Riverwood Area
BUSINESS ESTABLISHED  13 years
FREEHOLD / LEASEHOLD  either freehold or leasehold
NUMBER OF PLACES  licenced for 45
REASON FOR SELLING The vendors are simply tired and with recent changes in their personal life are looking for a sea change
GENERAL INFORMATION

This centre is truly a hidden gem.

Located in a quiet street, the centre feels inviting and boutique. Once you walk inside you feel welcome and know you are in a place where your children will be in good hands.

The three rooms can cater for up to 62 children per day, offering plenty of internal space and room to grow the centre. The centre currently is licensed for 45 children per day. The outdoor area needs some minor reconfiguration to increase the numbers.

The outdoor play areas are synthetic grass with a sand pit, shade and an Australian native garden offering children freedom to explore, play and learn.

The area surrounding the centre boasts quality housing with parks across the road and a unique bush land setting in the middle of suburbia.

Close to the train station and local businesses but tucked away enough to have a tranquil feel about it.

The centre has never been marketed and given its great location an astute operator with an eye for marketing would profit greatly by getting out and telling the market that they exist.

The centre is beautifully presented and offers a purchaser, with energy, the opportunity to generate some great returns.

bullet Profitable
bullet Fees not increased since June 2008
bullet Strong returns for the right operator
bullet Internal space for 62 Places
bullet Home like atmosphere
bullet Full kitchen
bullet Brick & Tile construction
bullet 3 warm play rooms
bullet Quality outdoor play area with sand pit and ample shade
bullet 700+ sqm of land offering expansion or re-development (STCA)
bullet Close to train station
bullet Quiet Street
bullet Ample carparks
bullet Air-conditioned
bullet Professional Staff
bullet Nothing to spend
bullet Keenly priced
bullet Vendors will consider leasehold
bullet Vendor willing and able to help with settling in new owners

Serious buyers, an inspection of this centre is a must.

Finance available and the business can be run under full management.

ASKING PRICE

$1,200,000 – Freehold

$   500,000 - Leasehold



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