Property Description
ABOUT THIS BUSINESS: Seize a lucrative opportunity to own a flourishing aftercare business in George, ideal for investors seeking a proven, profitable venture in childcare and education! This thriving program serves Grade 1 and 2 students, delivering a structured after-school experience with safe classroom pickups, wholesome lunches, focused homework sessions, and engaging playtime in a warm, secure setting. Children are required to arrive before 2 PM sports, ensuring safety and accountability. The business champions extracurricular involvement, requiring one summer and winter activity, with a dedicated coordinator to customize options. Homework is expertly supervised, aligned with school standards, and supported by parent-friendly checklists. Flexible holiday operations run with sufficient demand, maximizing efficiency. With robust financials, monthly invoicing, and a reliable payment system, this business consistently generates strong revenue. A delightful weekly Snack Shack offers affordable treats, boosting child satisfaction and profitability. A WhatsApp group ensures seamless parent communication for updates and catering needs. Don’t miss this chance to acquire a highly profitable, community-trusted aftercare business with immense growth potential. Contact our brokerage for a confidential discussion!
OPERATIONS: Owner managed with excellent management and loyal staff with 9 years of service.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased at below market value.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R690,000.00 as a going concern. (No VAT)
STOCK VALUE: R3,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R693,000.00
PROFITABILITY:
ANNUAL TURNOVER: R696,000( average past 3 years)
AVERAGE MONTHLY TURNOVER : R58,000.00
NET PROFIT (EBITDA) PER ANNUM: R340,000.00
NET PROFIT (EBITDA) PER MONTH: R28,000.00
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.0
ROI(RETURN OF INVESTMENT): 49%
MPB(MONTH’S PAY BACK): 24
ASSETS:
MARKET VALUE: R30,000.00
ASSET VALUE RATIO TO SELLING PRICE: 4%