Peritus Childcare Sales, as exclusive sales and marketing agents are proud to present United Children Ballarat, a best-in- class 100 place early learning centre located within the economic powerhouse region of Ballarat, Victoria.

United Children boasts a net profit (EBITDA) of $630,000 with significant upside potential remaining, plus a very sustainable rent and over 45 years of secured lease term.

Rarely is a large, dominant and highly profitable centre such as this offered to market - a once in a generation opportunity which will not be repeated.

Expression of Interest Closing 5pm Friday 10 June 2022

• The asset is an exceptional 100 place long day care childcare leasehold opportunity currently generating $630,000 FY21 EBITDA (net profit)
• Last 12 months average weekly utilisation of 80%, offering further upside potential
• Very sustainable market rent of $2,800 per place reflecting a rental occupancy cost ratio of only 9.4%
• Current daily fees of $118 (0–2-yearolds), $115 (2–3-year-olds) and $105 (3–5-year-olds)
• 20-year lease term-certain period expiring 31 August 2037 with 30 years of further options extending the secured lease term to 31 August 2067 (45 years secured term remaining)
• Very high-quality improvements, fitout and resources offering the most dominant and best-in-class service offering within the catchment area
• Defined catchment area 0-5 year old population growth over the next 10 years is 2.7% which is x2 times (+100%) stronger than the VIC and national average over the same period
• FY21 EBITDA (net profit) of $630,000 from an average weekly utilisation of 73%
• EBITDA (net profit) potential at 90% is $855,000 and at 95% the EBITDA forecast is approximately at $995,000
• Fully loaded Profit & Loss with accurate salaries & wages totalling approximately $1.2m
• EBITDA margin potential (net profit margin) of 30%
• Super-premium centre located on the corner of Glenelg Highway / Smythes Road and Neway Avenue, offering exceptional ease of access and exposur
• 12 Schools within the defined catchment area of the centre