Price : R 4,400,000
Listing Type :
Private School
Location :
Durban
Ref No. : 2963
Year Established : 1974
No. of employees : 7
Trading Hours : 6:30am - 5pm Mon-Fri
Turnover : R 233 000 pm
Cost of Sales : R 23 000 pm
Expenses : R 128 000 pm
Net Profit : R 82 000 pm
Asset Value : R 150 000
This is one of the oldest private schools centrally located in a Durban coastal suburb and is registered with the Department of Education as an Independent Private School.
The establishment enjoys a very good reputation as one of the leading schools in the area. The school is registered to enrol 104 Grade R pre-schoolers and additional learners from Grade 1 to Grade 7. It is also licensed to offer aftercare services.
There are currently 74 learners plus 22 in aftercare. The current staff comprises 6 teachers and a cleaner. The school is located on a 1075m² property, including 6 classrooms, 2 offices, 8 toilets, a tea area, a playground and a parking area.
The reason for selling is the owner’s (school principal) retirement.
