Childrens Education - Play Centre - Childrens Play Studio - Netts approx $42k p.a. - G1784
Childrens Education - Play Centre - Childrens Play Studio - Netts approx $42k p.a. - G1784
Industry :
Education/TrainingSub Industry :
Child CareChildrens Education - Play Centre - Sydney CBD - Agent SBX Code Number: G1784
Play Studio which is not a daycare, but a community space where you and your children can visit together to play, learn and have fun and caters for babies, toddlers and children from 4 months to 5 years. Offering process art, music, science experiments and sensory play. They offer school camps during school holiday periods and birthday parties on the weekends.
Potential
A new owner could reduce wages and increase profits. - Could promote the space for more birthday parties on the weekends. - Can sell more products in the small shop or online. - Potential to franchise.
Features
A safe and clean environment. - The studio has two HEPA air filters that remove over 99% of airborne viruses. - Staff are fully Covid-19 Vaccinated. - No competition in the district. - Fully equipped and nothing to spend.
Premises
This business has an area of approx. 160 sq mts. including bathroom and storage.
Location
Well located in a busy shopping district and residential area in the Eastern Suburbs.
Trading Hours
6 days - Monday to Friday 9 am to 430 pm and Saturday 915 am to 12 noon. Sunday Subject to availability
Lease
5 year lease + 5 year option (expires 31 July 2031). - 3.5% Annual increases. - 6 month bond
Employees
1 owner + 2 casual staff (as required)
Figures
Weekly Sales $6750
Rent (ex GST) $2884
Wages $2285
Profit $831
Agent SBX Code Number: G1784 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$50,000 + SAV
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These include:
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Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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