New 90-Place Childcare Centre, Eumemmerring

New 90-Place Childcare Centre, Eumemmerring — Education & Training · Eumemmerring, Dandenong · Asking $275k

Brand new full turn-key 90-place childcare centre Located on the Princes Highway, Eumemmerring with exposure to over 50,000 passing vehicles per day Place mix of 10 x 0-2, 35 x 2-3, 45 x 3-5 Demand:Supply ratio of 3.3:1 (3km radius) 0-5 catchment population of 2,851 children Includes a $870,000 brand new fitout with furniture and resources 6 months rent free plus 6 months outgoings free 20-year…

DealProspect/Listings/Education & Training

New 90-Place Childcare Centre, Eumemmerring

Childcare Centre

ActiveEducation & TrainingVictoriaB2C

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Asking price

$275,000

Disclosed · AUD

Revenue (est.)

~$2,659,574

Estimated · comparable listings of this type and size · from broker forecast

EBITDA

$700,000-$970,000

Indicative · Broker projection

Implied multiple (indicative)

~0.4×

Indicative · asking / forecast earnings (Broker projection)

Brief

Brand new full turn-key 90-place childcare centre
Located on the Princes Highway, Eumemmerring with exposure to over 50,000 passing vehicles per day
Place mix of 10 x 0-2, 35 x 2-3, 45 x 3-5
Demand:Supply ratio of 3.3:1 (3km radius)
0-5 catchment population of 2,851 children
Includes a $870,000 brand new fitout with furniture and resources
6 months rent free plus 6 months outgoings free
20-year lease (to August 2045) with 10+10 options, around 40 years secured tenure
70 on-grade car spaces
Around 280 metres from The Village Dandenong Shopping Centre

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