LICENSED HOME BASED ECE SERVICE | AKL and WEL

Auckland City

$325,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c65dtg



Licensed network of home-based kindergartens in Auckland and Wellington, New Zealand. 13+ years of history, great website and media presence, and fully staffed with experienced coordinators.

This home-based service provides superior childcare and education, where great attention is given to teaching children according to the Te Whariki curriculum and best educational standards of New Zealand. The service received a "Well-Placed' ERO review in 2016 and the new owners shall have a brand new ERO review.

The motivated owners have done the hard yards and are looking for a seamless transition to a passionate operator, either as an owner/operator, or an amalgamation with an experienced home-based operation. New owners will be provided with all the support and information regarding the responsibilities of running this amazing ECE business. This opportunity would best suit a qualified ECE owner or someone wanting to step on the ladder of success with this entry level ECE business.

There is huge potential to grow and triple the current profits. Current enrolment numbers are approx. 50 children* with a licence to enrol up to 130 Children across the 2 cities; subject to increase to up to 160 Children after amending the licence for the Wellington branch in February 2020*.

As reported by the vendor, the managed annual surplus was circa $78,000* for year ending Mar 2019.

Comes fully equipped for a turnkey operation, complete with 2 vehicles, office equipment, audio-visual equipment for holiday events, books, toys, educational materials and many more resources.

BONUS - Included in the asking price is a babysitting and nanny service, which has been developed by the current owners.

Asking Price: Intangible Assets - $307K Tangible Assets - $18k

Business Total $325 K - plus GST if any . Set for a quick sale as a going concern.

A detailed Information Memorandum plus other relevant information will be made available to approved, interested parties, but first, you need to submit an online Confidentiality Agreement.

We may have to meet face to face before sharing any detailed information. You may be asked to discuss your industry knowledge & experience, along with your ability to finance such a purchase as per my vendor's instruction.

Simply visit link, https://linkbusiness.co.nz/business-broker/Mohit-Gupta and register your details, submit the online Confidentiality Agreement.

I will be in touch with you, feel free to call me on 0212448782, if you have any questions. Mohit Gupta

*Source of information - Supplied by the Business Owner


Ref: EL02213
Timestamp: 20190824064537

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