Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Fischer Rd Early Learning Centre, a high performing 38 place
childcare centre trading at 99% occupancy, located in booming NSW South Coast region of Shellharbour, with average daily fees at $146 per day, strategically located 800 metres from Flinders Primary School with significant value upside remaining

Expression of Interest Closing Wednesday 20 December 2023

• The asset is an exceptional 38-place long day care childcare leasehold opportunity generating $430,000 FY23 Normalised EBITDA
• Rated Meeting National Quality Standards in all 7 areas
• Current daily fees of $155 (0–2), $155 (2–3) and $136 (3–5)
• FY24 Pro forma EBITDA potential adopting current fees at 95% hold utilisation $470,000
• FY24 Pro forma EBITDA potential adopting current fees at 100% hold utilisation $507,000
• Long term average weekly utilisation track record (February 2022 – October 2023) of 96%
• Very sustainable passing rent of $3,465 / place (9.2% of revenue)
• 18 years lease term remaining, expiring 31/10/2041
• High demand defined catchment area fundamentals reflecting 3:1 (Demand: Supply Ratio)
• Recently refurbished, offering a true walk-in-walk-out opportunity
• Easy management centre

"A very high quality, strategically located centre with significant upside potential, a unique opportunity which wont be repeated"