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Listing Id: 33906 Last Refreshed: 07/11/2024 Total Views: 1

Childcare, Freehold, Regional, 34+ places, Offers from $2m

Armidale, New South WalesReal Estate
Asking Price: $2,000,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Located between Sydney and Brisbane, approximately 2 1/2 hours drive from Coffs Harbour. Situated in a picturesque and historic city which has solid commercial activity and an educational hub of regional NSW.

This freehold centre sits on a huge block of land, exceeding 2,000m2

Operated under management. The vendors live in Sydney and do not have any day to day input with the centre. There are return flights daily from Sydney for purchasers who would like to operate the centre remotely

Recent refurbishment has ensured excellent presentation.

Excellent profit for owner operators

Options for the purchaser include:

Option 1. Continue to operate the childcare centre as a going concern, achieve a good cash flow and potentially benefit from long term capital growth of the property.

Option 2. Keep the property and sell the existing childcare centre. Become lessor / landlord, the rent received contributing to mortgage repayments and potentially benefit from capital growth of the property.

The Opportunity

Rarely do freehold childcare centres come on to the market in this area. An excellent opportunity for either owner operators or investors.

All genuine offers from $2m will be presented for consideration



NOTE: Provider approval is required to operate the childcare business
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