Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Little Kingdom Childcare, Georges Hall , a high performing 34 place centre trading at 99.2% occupancy (last 5 years) with a long wait-list and significant fee increase potential.
• Currently generating $182,400 FY21 EBITDA (net profit) trading at 98.76% (FY21 Average) occupancy with significant value upside remaining
• FY20 EBITDA (net profit) $231,400
• 12M Pre-Covid EBITDA (net profit) $222,500
• Current occupancy of 100% (October 2021)
• One of Australia's highest childcare demand catchment areas with a Demand:Supply Ratio of 8:1 (almost triple the NSW average)
• Current daily fees significantly below competitors offering immediate upside potential
• Very affordable rental of only $85,399 per annum ($2,512 / place), 15.5 years lease term remaining
• EBITDA (net profit) potential at market daily fees = approximately $310,000- $350,000
• The defined catchment area is dominated by couples with dependent 0-5 year old children, representing 53% of the residents compared to the Sydney average of 45%
• 3 Primary Schools within walking distance of the centre
Current Daily Fees
$115 (0-2 year olds)
$110 (2-3 year olds)
$105 (3-5 year olds)
Current Demand: Supply Ratio
8:1 (# kids for every # existing places within the defined catchment area)
Almost triple the NSW Average
Average Household Income
$95,191
Estimated Resident Population
18,740 (ERP - Defined Catchment Area) 1,760 (0-5 year old children - Defined Catchment Area)
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Other opportunities
FOR SALE || Leasehold Interest (Business Sale) || Homebush || $147 Avg Daily Fee || 89 Place Centre || 13 Year Lease
FOR SALE || Leasehold Interest…