SOLD || Elderslie 108 Place Dominant Centre For Sale, $513K Net Profit (FY20) | 83.4% Occupancy (FY20)

Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Young Academics, Elderslie, a best-in-class 108 place early learning centre strategically located within the local Government Area of Camden in the booming south-west growth centre which is experiencing population compound annual growth rates (CAGR) of approximately 4.50% per annum over the next 20 years.

The asset is an exceptional centre currently operating at 83.4% occupancy in financial year 2020 (FY20), generating a very robust EBITDA (net profit) of $513,000 whilst still offering prospective purchasers’ significant value upside given the scope to increase the net profit from such as strong position.

The opportunity to acquire a very profitable best-in-class large centre with a rental secured below market rates and still offering prospective purchasers significant value add opportunity is very rare.

The centre is strategically located 750m south of Elderslie Public School (484 students) and 500m east of Mawarra Public School (430 Students).

The centre offers prospective purchasers the ability to significantly increase the EBITDA by lifting the occupancy by only 7%. The projected EBITDA at 90% is $720k compared to $513k (Current FY20 EBITDA at 83.4%).

Young Academics, Elderslie is a prime example of a very profitable centre which still offers significant value-add opportunities to the prospective purchaser.

New resources, nothing needed for a new operator to commence, offering prospective purchasers a true talk-in-walk-out opportunity

The most dominant centre in the trade area drawing the majority of the market share

Base rent of only $3,227 per place, significantly below market rental rates