• Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Kids Cove Early Learning Centre, Terrey Hills, a best-in-class 110 place early learning centre strategically located on the corner of Mona Vale Road and Forrest Way, capturing 52,000 vehicles per day.
  • The asset is an exceptional centre currently operating at 75% occupancy, generating a very robust EBITDA (net profit) of $894,863 (FY20 Actual) 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.
  • Average Daily Fees of $125
  • The centre offers prospective purchasers the ability to significantly increase  the EBITDA by lifting the occupancy by only 10%. The projected EBITDA  at 80% is $1.03m compared to $894k  (FY 2020).
  • Kids Cove Early Learning Centre 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  $3,443 per place, significantly below market rental rates
  • A proven long-term performer which dominates all the competing centres
  • Benefiting from the new Hospital Precinct Structure Plan which proposes 5,360 new dwelling and 2,300 new jobs
  • Strategically positioned to benefit from the Northern Beaches Hospital and surrounding health and education precinct

Current Daily Fees

$125

Current Demand: Supply Ratio

1.5: 1 (# kids for every # existing places within a 7 minute drive-time)

Average Household Income

$168,361

Estimated Resident Population

10,228  (7 Min Drive Time)

184      (0-1)
209      (2-3)
271      (4-5)

664   (0-5-year-old children 7 minute drive-time)

Enquire now