commerce
Business trading platform
24
Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 69

Preschool in Randburg

Randburg, South Africa
R6,250,000
Operating Business

This profitable preschool is located in the suburb of Ferndale and was started in 1997 by the current owner with only 2 children. The school has consent for 90 children,  and is now once again at full capacity despite the effects of Covid during 2020, when preschools were shut for 4 months!

The property measures 2300m2 and the existing house was converted into 6 classrooms with underfloor heating and laminate floors throughout. The seller has speared no cost with security and recently installed 26 CCTV cameras to monitor all activities at the school.

There are 3 separate play grounds with a bicycle tarmac around the borders of the playgrounds. The preschool is for sale at R6 250 000,00 which includes the property. The Turn Over is R329 902, 00 per month with a nett of R138 501,00 before tax.

Ref. No : 2803
Year Established : 1997
No. of Employees : 16
Trading Hours : 6:30 – 17:45 Mon – Fri
Turnover : R 329 902 pm
Cost of Sales : R 31 335 pm
Expenses : R 160 066 pm
Net Profit : R 138 501 pm
Asset Value : R 84 439
Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 69