CHILDCARE LEASEHOLD ESPERANCE - REF 478

CHILDCARE LEASEHOLD ESPERANCE

Reference: 478

Location: Esperance, WA

Number of Places: 72

NET: $111,000

Rent (Per Annum): $85,000

Sale Price: $275,000  

New Listing

Great opportunity to acquire a profitable 3 room configuration located in regional WA. The centre has been servicing the local community for many years, has well trained staff, and is considered the centre of choice in its catchment. Currently managed at arm’s length by existing interstate owner, all systems and dedicated staff are in place for this to continue if the new owner requires. Centre still has room for utilisation upside and is tracking to increase revenue from FY17 by 20% to circa $1.300m for FY18. The Landlord is offering a new 20 year lease by way of 10 year term with a further 2 x 5 year options. The centres configuration runs 3 activity rooms and caters for ages 0-6 years old. This centre will therefore suit both a Portfolio investors with area manages capable of looking after another service, and is also well suited as an owner operator site. Only parties with an existing Provider Approval will be considered.  

For further details please contact Lincoln Bridge on 0424 370 025 or Andrew Urquhart on 0408 439 762.

State WA
Price $275,000
Property Type business
Property ID 60
Category Education/Training

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Andrew Urquhart

0408 439 762
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