28 Place Child Care Centre - High Growth Opportunity

Business Headline : 28 Place Child Care Centre - High Growth Opportunity

Price : $450,000

Category : Education/Training, Other, Child Care

This is an intimate and homely 28 place long day care centre in the South East Sydney suburb of Chifley. Located on an easily accessible residential street, less than 5 minutes’ walk from primary school. 

The centre was purchased by the current proprietor in 2013, and by 2015 the centre reached an average annual occupancy of 95%, with a renovation completed in December 2015.

Over the past 2 years, the Child Care centre has experienced mismanagement in which affected the centres operation, decreasing occupancy and therefore turnover and minimal changes to expenses proportionate to revenue, affecting profit. This is from a multitude of reasons, the key being; Turnover of centre managers, not adjusting expenses accordingly and the company owner not having the time available to manage the centre day-to-day and oversee the groups other Child Care centres. 

Ideal Purchaser

To bring the centre back to its thriving status, the business needs a focused, passionate owner operator and/or an experienced centre/business development manager from an existing Child Care company to add to its portfolio.

Summary

• 28 Places 

• Land Size: Over 900m2

• On-site parking

• Minutes’ walk from primary school

• Compliant with EYLF (Early Years Learning Framework)

• Operating since 2010 purchased in 2013

• Possibility to increase DA approval

• Renovated in December 2015

• Potential for high occupancy growth, revenue and cost savings

• Very low rent in proportion to achievable turnover 

• Converted from low set residential dwelling in 2010

• Little to no advertising or marketing activates 

• Boutique, intimate and homely environment 

• Runs QikKids Child Care Software

• New vibrant and passionate manager started November 2018

• Centre staff are through a staff/labour managment and payroll company

• Large staff cost saving possibilities  

To bring the centre back to its thriving status, the business needs a focused, passionate owner operator and/or an experienced centre/business development manager from an existing Child Care company to add to its portfolio.