Peritus Childcare Sales, as exclusive sales and marketing agents is pleased to present for your consideration 48 Somerset Street, Epping, a rare opportunity to acquire a high performing, perfectly sized 81 place childcare centre, generating $735,000 net profit and trading at 80% occupancy for the past 6 years.

Expression of Interest Closing Friday 29 November 2024.

• The asset is an exceptional 81-place long day care childcare leasehold opportunity located in the tightly held suburb of Epping. within the local government area of Parramatta, an economic powerhouse region which produces close to $28BN GRP (economic output) per annum
• Strong Defined Cathment Area Demand:Supply Ratio of 3:1
• FY2024 EBITDA (Net Profit) of $735,000
• 20 Year Lease Term remaining (expiring 28/2/2045)
• A proven long term track record of maintaining 80% occupancy for the past 6 consecutive years (July 2018 - November 2024)
• Current daily fees of $168 (0-2), $168 (2-3) and $163 (3-5) offering further upside potential
• Meeting NQS in all 7 Quality Areas
• 12-month Pro-forma EBITDA (net profit) potential adopting +4.4% fee Increase and holding the 81% average occupancy of approximately $820,000 (adopting industry averages)
• 19,401 Local Workers within the Catchment Area
• 503 Childcare Workers within the Catchment Area
• 4,388 0-5 year old children within the defined catchment area (significant depth)