SOLD – Childcare for Sale – Bargain ! $749k – SOLD

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Sale price a multiple of 2.2 x net !  Net profit $340k 

  • T/O FY 23 $917k
  • Net profit FY 23 $340k
  • Licensed for 38
  • Under management
  • Daily Rate $129.50 
  • Lease to 2031 – possibility to extend
  • Beachside southern suburb Perth
  • Occupancy 70+%

The centre is conveniently located across the road from a Primary School.  It provides a warm and homely environment with large open plan rooms.

The centre is licensed for 38 children and caters for children  aged 6 weeks to 6 years.

It is located close to the extensive upgrade to HMAS Stirling commercial area.   This will bring many new families and construction workers to the area.  

The lease is currently until 2031. The landlords may be agreeable to extending,  which a buyer could request as part of discussions.

A great opportunity to  purchase a very good childcare centre, beautifully presented,  with experienced staff and run under management.  

This business is a very profitable childcare centre for sale well below market value with an excellent reputation in the area.  Childcare centres sell for 3 to 4.5 x net profit.  The price reduction means this business is an excellent buying opportunity for an astute buyer.  Seller is selling below market value due to the sale of his other childcare businesses. 

Act quickly to secure this opportunity for childcare for sale in  WA.

For more information you can contact Angela on 0416 109 017 or E: angela@advancebusinessbrokers.com

Click Here to view the report that was released by Bankwest in regard to the Childcare sector’s economic performance both now and in future projections. 

Are you new to Childcare? Click here to view a detailed document on the process to purchase a Childcare centre.