Fully describe the business's activities?
This deceased estate sale presents a rare opportunity to acquire a former preschool property on a generous 3,000m² stand, previously accommodated up to 150 children. While the school is currently closed and requires a comprehensive revamp and upgrade, it offers a solid foundation for redevelopment into a modern early childhood education facility.
The property provides ample space for classrooms, secure outdoor play areas, and future enhancements to meet departmental registration requirements. With the right vision and investment, this site can be transformed into a thriving preschool once again, serving the growing demand for quality education in the area.
Offered at a bargain price, this opportunity is ideal for investors, operators, or educational groups looking to establish or expand within the early learning sector.
What are the main assets of the business?
Property
Are any items not included in the sale?
Vehicle
Computers
educational equipment
educational furniture
Are they presently insured?
Yes all is insured
What is the reason for the sale?
The business is being sold due to the unfortunate passing of the current owner. The executor of the estate, acting on instructions from the beneficiaries, has been tasked with facilitating the sale of the preschool. This presents a unique opportunity for a new owner to build on the strong foundation and legacy established by the previous owner.
Annual Turnover Amount between R 500 thousand and R 6 million