Business for Sale

Nursery school Including Property in Randburg for Sale

business for sale This nursery school is situated in one of the most established area in Johannesburg, middle to comfortable income residents, situated in Randburg close to ( Ferndale, Blairgowrie, linden side), the number of children is 50 children from one day old until six years, 5 excellent teachers, 2 care takers and most importantly the principle with 18 years experience who run the school from A to Z, This school provides after care, property is a big advantage as it will be part for the sale. the school capacity can be up to 60 children, all staff are prepared to stay, the owner of the school she is also prepared to stay for few month until the new owner is fully settling, and parents are comfortable with the handing over, the property has been evaluated at 1,75 Million, well organized financial and all relevant documents available,. The Nursery was established by the nearly 25 years ago and moved to the present premises about 6 years ago, now for sale solely due to retirement health and other family commitments. Hours:- 7.00a.m. to 5;30 p.m.

Business Details

Asked Price R 3,000,000
Location Johannesburg | Gauteng | Linden, Blairgowrie, Ferndale
Business Type Education, Training
Reason for SellingOwner retiring
Year Established2000
Number of Employees 8
Monthly TurnoverR 125,000
Monthly Net Profit R 45,000
Monthly Payroll Expense R 70,000
Movable Assets Value R 100,000
Stock Value R 10,000
Owner Oporated Business Yes
This is a Frenchise BusinessNo
Property Included in The Sale Yes
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 1000 M2
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation