Peritus Childcare Sales as exclusive sales and marketing agents is pleased to present for your consideration the leasehold interest in Young Academics, Kingsford. The centre is a recently extensively refurbished 58 place centre charging $174-$177 per day.

SOLD

• A perfectly sized and configured 58 place centre
• Pro forma EBITDA (net profit) potential assuming an annual average 80% utilisation rate of approximately $550,000 (adopting industry averages / indicative forecast)
• Pro forma EBITDA (net profit) potential assuming an annual average 90% utilisation rate of approximately $680,000 (adopting industry averages / indicative forecast)
• Pro forma EBITDA (net profit) potential assuming an annual average 100% utilisation rate of approximately $900,000 (adopting industry averages / indicative forecast)
• FY25 Actual Normalised EBITDA of $115,500
• FY24 Actual Normalised EBITDA of $242,362
• FY23 Actual Normalised EBITDA of $313,332
• Current daily fees of $177 (0-2), $177 (2-3) and $174 (3-5) with a weighted average of $175
• Secured lease term (31 Years remaining, tenure security until 17/2/2057)
• Extensive high quality internal and external fitout completed in 2022/2023