SOLD
Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Kids Kinder Childcare, Macquarie Fields, a rare 42 place leasehold opportunity located in a very high demand catchment area (3.8:1).
• 27.5 Years remaining on the lease (Lease term expiry date of 30/11/2049
• Last 12 months average weekly utilisation (occupancy) of 93.49%.
• Normalised FY21 EBITDA (Net Profit) $414,700
• Very affordable rental of only $2,000 per place, $85,000 per annum
• Very strong defined catchment area Demand:Supply Ratio of 3.8:1 (+12% stronger than the NSW average)
• Couples with dependent children represent 47.9% of the defined catchment area and 57.4% of the suburb, significantly stronger than the National average of 45.2%
• Potential to generate approximately $442,000 net profit (EBITDA) at 100% occupancy
• Current daily fees of $113 (0-3) and $107 (2-3) and $105 (3-5) per day offering immediate upside potential
• Significant upside potential to drive EBITDA (Net Profit) via lifting the current utilisation from the current 84.7% (FY21)
•7 Schools within the defined catchment area of the centre
Current Daily Fees
$113 (0-2 year olds)
$107 (2-3 year olds)
$105 (3-5 year olds)
Current Demand: Supply Ratio
3.8:1 (# kids for every # existing places within the defined catchment area)
Average Household Income
$77,741
Estimated Resident Population
38,880 (ERP - Defined Catchment Area) 3,589 (0-5 year old children - Defined Catchment Area)
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