Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Platinum Education, South Wentworthville , a high performing 28 place centre trading at 95% occupancy (last 12 months average) rated Exceeding NQS & awarded the NSW Excellence in Early Childcare Award.
• Currently generating $152,000 FY21 EBITDA (net profit) trading at 83% (FY21 Average) occupancy with significant value upside remaining
• Current occupancy of 100%
• Rated Exceeding National Quality Standards and awarded the NSW Excellence in Childcare award
• One of NSW's highest childcare demand catchment areas with a Demand:Supply Ratio of 4.5:1 (+33% Stronger than the NSW average)
• Current daily fees of $115 (0-3) and $100 (3-5) per day offering immediate upside potential and scope to add 2-3 age group increased fee
• Very affordable rental of only $85,080 per annum ($3,039 / place), 15.5 years lease term remaining
• EBITDA (net profit) potential at 95% Occupancy (Last 12 months actual occupancy) of approximately $230,000
• The defined catchment area is dominated by couples with dependent 0-5 year old children , representing 53.9% of the residents compared to the national average of 45.2%
•16 Schools within the defined catchment area of the centre
• Strategically located within 1.8km from 3 major railway stations (Westmead, Pendle Hill and Merrylands)
Current Daily Fees
$115 (0-2 year olds)
$100 (3-5 year olds)
Current Demand: Supply Ratio
4.5:1 (# kids for every # existing places within the defined catchment area)
+33% stronger than the NSW Average
Average Household Income
$95,234
Estimated Resident Population
56,060 (ERP - Defined Catchment Area) 5,375 (0-5 year old children - Defined Catchment Area)
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