STRONG - LONG TERM ESTABLISHED LEASE HOLD CHILDCARE BUSINESS FOR SALE
66 Boundary Street, Kepnock QLD 4670
$750,000
BusinessSize: n/a
Block size: 1934 m² approx.
CUDDLE BUGS KINDERGARTEN AND PRE-PREP
OPPORTUNITY HERE TO INVEST IN THE CHILDCARE INDUSTRY TO EARN EXTRA INCOME WORKING JUST 8 HOURS PER WEEK OVERSEEING THE BUSINESS.
Cuddle Bugs Kindergarten is a well-established, business which began in 2009. The owners over recent years have transitioned the business with their passionate long-term staff to run the successful Educational Service with less than 8 hours a week input from themselves. It's all set up; everything is in place to just allow the business and the dedicated staff to continue as they are. Childcare/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector to deliver more affordable childcare, which includes increasing the Childcare Subsidy (CCS) rates. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care. A secure lease forms part of the purchase, which is in place with the current prominent 1934m2 site until 2036 with 2 x 10-year options following that taking the lease up to 2056. Cuddle Bugs is Licensed for 60 places, age range of 15 months to school age. Additionally, the landlord has an approval in place to convert the neighbouring property into a further 16 places for children aged 6 weeks to 18 months of age if desired to further expand the business.
The Bundaberg Region has a population nearing 110,000 people. Cuddle Bugs is located just 2 kms to the Bundaberg C.B.D and is open from 6am to 6pm 5 days a week.
Strategically positioned in a prime schooling catchment - 5 schools within a 2km radius of the site and an additional 6 schools within a 3km radius, which combine to service 4,260+ students. Conveniently located 2kms from Bundaberg's major retail & commercial amenities including national tenants, McDonald's, IGA, Aldi, Target, and Hinkler Central Shopping Centre, underpinned by Coles, Kmart, Liqourland, and 56 specialty retailers.
It's all done, it's all approved, its all-in place, it is all operational with a proven track record here.
+ Business for sale- $750,000 + Approved Provider necessary
Call Tim McCollum today to secure this business opportunity.
Agent: Tim McCollum Phone: 0427 523 088
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
27 Jul 2021
Sold
Synergy Property Specialists
Listed: 05/05/2021
Block size: 1934m²
Transfer type: Full transfer
Kepnock suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
4,501
Listing ID: 182331938. This listing has been viewed 1 time. It was first displayed on 27/02/2024 and last updated on 08/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.