Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Kids Kinder Childcare, Punchbowl , a rare 40 place leasehold opportunity located 90 metres from Broadway Plaza Shopping Centre & 300 metres from Punchbowl Railway Station.
• 40 Years remaining on the lease (20 years plus two 10 year further options)
• Last 12 months average weekly utilisation (occupancy) of 82.9%. Currently Trading at 87% utilisation
• Normalised FY21 EBITDA (Net Profit) $286,800
• Strategically located 90 metres from the main shopping centre and 300 metres from Punchbowl Railway Station
• Very strong defined catchment area Demand:Supply Ratio of 4.8:1 (+41% stronger than the NSW average)
• Very strong defined catchment area 0-5 year old population growth rate at 2.10% CAGR
• Couples with dependent children represent 57.5% of the defined catchment area and 57.4% of the suburb, significantly stronger than the National average of 45.2%
• Potential to generate approximately $315,000 net profit (EBITDA) at 100% occupancy
• Current daily fees of $113 (0-3) and $105 (3-5) per day offering immediate upside potential and scope to add 2-3 age group increased fee
• Significant upside potential to drive EBITDA (Net Profit) via introducing a 2-3 age group fee and lifting the current utilisation from the current 87%
•7 Schools within the defined catchment area of the centre
• Irreplaceable location, recently extensively renovated
Current Daily Fees
$113 (0-2 year olds)
$105 (3-5 year olds)
Current Demand: Supply Ratio
4.8:1 (# kids for every # existing places within the defined catchment area)
5.6:1 (# kids for every # existing places within the suburb)
Average Household Income
$73,558
Estimated Resident Population
38,070 (ERP - Defined Catchment Area) 3,318 (0-5 year old children - Defined Catchment Area)
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