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Private Primary School

West Rand, South Africa
R11,000,000
Operating Business

A well-established and profitable Private Primary School for sale situated in the West Rand. The school currently has 190 students with capacity for growth to accommodate 279 students. The school provides quality education through a nurturing environment that is focused on academic excellence to prepare its students for life-long learning.

 The school is well located in a suburban area on a 1 930 m2 stand with Town Planning permission to operate as a school. 

The school has 12 classrooms in total, 8 classrooms which accommodate 16 – 18 students, 4 big classrooms that can accommodate 28 students. The seller will assist the new owner on how to register with the Department of Education. 

The total selling price is R 11 000 000 including the business valued at R7 500 000 and the property at R3 500 000. The business generates an average monthly turnover of R492 138 with an average monthly net profit of R215 421 before the owner’s drawings.

Reason for sale is due to owner’s early retirement in order to focus on her health.

Overview

Area

1930 m2

No. of Employees

14

Years

10

Renwick Business Brokers
Renwick Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 114