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Purpose-built, Fully Managed Childcare Business - Southeast Melbourne For Sale

Victoria, Australia
Asking Price:
On request
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

A childcare business located on a busy road, offering connectivity, visibility and convenience in a high demand area.

•A medium sized, purpose-built centre licensed for 55+ places.

•High demand for childcare in the area with ratio of 4.36 children available per place within the catchment.

•Long standing childcare centre with trusted reputation in local community.

•The owner is not involved in the day-to-day operations; the centre is managed by an experienced Centre Director.

•Profitable business with annual revenue for FY24 exceeding $1M*.

•There are 16* schools within a 3km radius of the site with more than 4,500* students enrolled in it.

•The daily fee within the catchment reaches as high as $151, while the business currently charges $140+, offers a potential to reconsider the fee structure.

•The centre is located close to major arterial roads experiencing high traffic count of more than 144,000* commuters passing through daily.

•The location offers great connectivity to neighbouring suburbs and Melbourne CBD as it is located just 1km* away from the local train station.

•This centre is located in an increasingly popular residential area, offering long term lease for smooth and viable operations.

For Sale by Expression of Interest

*Approximately

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ASL Real Estate and/or their agents, for themselves and for the vendor/landlord of these properties for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) All information given in relation to these properties is current up until the creation and distribution of this document, (iii) Intending purchasers/tenants should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iv) No person in the employment of ASL Real Estate has any authority to make or give any representation or warranty.