SOLD!!!!SOLD!!!!!SOLD!!!!Swim School For Sale
Description
Annual Turnover: R 1 150 000
Annual Profit Before Tax: R 780 000
This swim school has been operating in Kempton Park Since 1987.
The business comes with the sale of the property, the property is worth +/- R 2 000 000, a buyer should have R 1 200 000.00 in cash and the means to obtain a bond of R 2 000 000.
The business only has one employee working for the business for 7 years and currently staying on the premises.
The property offers a four bedroom house and a one bedroom flat, this has the potential to be rented out to supplement income.
Low overheads.
Currently the business has 140 children on the books, the owner had 400 children on the books in 2018 before deciding to downscale because of personal circumstances.