Excellent Opportunity $200k Owners Profit and Strong Growth Prospects

Business Details

If you love education and have an interest in owning your own for business, here’s proven route for success. 
 
This is an excellent opportunity to acquire a business with consistent profits that can be run under management with reliable staffing in place, and minimal owner involvement. 
 
With well established reputation for teaching excellence, the business has demonstrated strong growth over the last three years. 
 
The turnover for 2020-2021 financial year is more than $650,000 with owners profit more than $200,000. 
 
Due to the recent covid lockdown restrictions in ACT, the business has seen an increasing demand for online remote learning for children from parents.
 
The premises are owned by the seller and there will be no strict criteria to get the approval from the landlord. 
 
A flexible, secure and great value lease agreement could be arranged.  
 
This business will offer new owners the same opportunities, benefits and enjoyment which the current owners have enjoyed for the last 10 years.
 
No education experience is required, and you can access the marketing material, systems and technology. 
 
This opportunity would suit a person with a passion of helping people  and a desire to work for themselves. 
 
With ongoing support from the current owner on a part time basis it’s a great opportunity!
 
If you are interested in this opportunity, please email your full name and contact number to sales@capitalcommercial.com.au
 
Exclusive broker Frank Walmsley 0400446605

Financial Snapshot

Reporting Period 2021 Weekly Average 2020 Weekly Average 2019 Weekly Average
Sales $651,145.00 $12,522.02 $616,270.00$11,851.35 $529,620.00 $10,185.00
PEBITDA $220,029.61 $4,231.34 $196,927.03$3,787.06 $130,044.70 $2,500.86
Rent $60,352.00 $1,160.62 $49,382.00$949.65 $45,654.00 $877.96
Owners Wages $134,923.07 $2,594.67 $83,692.20$1,609.47 $30,230.77 $581.36

Business Summary

Canberra, Australian Capital Territory
Employment, Education & Training.

The premises in Phillip are owned by the seller. The seller is open to offers to purchase the property or lease.

Phillip:
• Bank guarantee: An amount equivalent to 3 months’ rent plus GST – being $8,304.54 exclusive of GST as at the Commencement Date
• Annual rent: $33,220.00 per annum exclusive of GST
• Monthly rent: $2,768.18 exclusive of GST
• Outgoings: $1,750.00 per quarter exclusive of GST for rates and $166.00 per quarter exclusive of GST for water
• Rent reviews: 3% annual increase • Total square meters: Approx. 151 SQM

The premises in Kaleen are subleased.

Kaleen:

• Bank guarantee: An amount equivalent to 3 months’ rent plus GST – being $7,875.00 exclusive of GST as at the Commencement Date
• Annual rent: $31,500.00 per annum exclusive of GST
• Monthly rent: $2,625.00 exclusive of GST
• Outgoings: $1,200.00 per quarter exclusive of GST for rates and $170.00 per quarter exclusive of GST for water
• Rent reviews: 3% annual increase
• Total square meters: Approx. 93 SQM

1 Consultant (Director),1 Schedule Manager (Director),9 Tutors
Monday - Thursday - 8:00am - 6:00pm, Friday - 8:00am - 12:00pm, Saturday - Sunday - Closed
Owner Operated

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Sales Summary

Sale Status : Sold

Sale Method : Private Treaty

Investment Amount : To be agreed

Stock at Value : $37,923.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au