Taree

Located in the suburb of TAREE in New South Wales we have a great Business & Freehold opportunity on offer. The current owner has run the business since opening approx 11 years ago and has now realised that it is time to move on and allow a committed buyer to reap the benefits of her hard work. The property and business are for sale in 1 line and the future upside of the opportunity is enormous.

With daily fees the lowest in the district and as the current owner doesn't work in the business, there are major savings on wages. Realistically there has been no marketing, no website and no promotion apart from word of mouth advertising, and if a new owner was prepared to invest their ideas and digital/social marketing skills the opportunities could easily triple the returns.

The opportunity is offered via an Expressions Of Interest campaign which starts on 15th July and runs for 3 weeks until 5th August - If not sold prior.

If the opportunity is of interest please dont delay in opening negotiations because I really believe that this property/business is priced extremely well, attract a lot of interest and will sell quickly.


Executive Summary
GOING CONCERN - BUSINESS & FREEHOLD
BUSINESS NAME: Children’s Haven Childcare Centre
LICENCE: 28 Children
LAYOUT: 2 Rooms
LAND SITE: 1,164m2
PARKING: 7 Car Parks
TENANT: Owner Occupied
OCCUPANCY: 2013-15 average of 65%
Currently 2015 75%
OUTGOINGS: $15,620 approx. (rates, taxes, lights & power, gardening)
RENTAL (Net pa): $15,000
OWNERS:
- WAGE / DRAW: $25,365.00
- PROFIT: $25,991.00
- ADD BACKS: $11,402.00
- EBIT / NET PROFIT: $62,758.00 pa
SALE PRICE: Owner expects offers over $575,000
Expressions of Interest closes 5th August 2016
*If not sold prior

For further information or to arrange an inspection contact Australian Childcare Brokers now!