Regional centre of choice

Esperance

Reference: 478

Location: Esperance

Number of places: 72

NET: $111,000

Rent (per annuym): $85,000

Sale price: $275,000

 

Great opportunity to acquire a profitable 3 room configuration located in regional WA. The centre has been servicing the local community for many years, has well trained staff, and is considered the centre of choice in its catchment. Currently managed at arm’s length by existing interstate owner, all systems and dedicated staff are in place for this to continue if the new owner requires. Centre still has room for utilisation upside.  Gross revenue for FY19 circa $978,000 with and EBITDA of $111,000.  The Landlord is offering a new 20 year lease by way of 10 year term with a further 2 x 5 year options.  The centres configuration runs 3 activity rooms and caters for ages 0-6 years old. This centre will therefore suit both a Portfolio investors with area manages capable of looking after another service, and is also well suited as an owner operator site. Only parties with an existing Provider Approval will be considered. For further details please contact Lincoln Bridge on 0424 370 025 or Andrew Urquhart on 0408 439 7,

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