Junior Primary School in Durban

Junior Primary School in Durban
Durban

Price :R 4,400,000
Listing Type :Private School
Location :Durban
Year Established :1999
Turnover :R 187 580 pm
Cost of Sales :R 22 030 pm
Expenses :R 55 550 pm
Net Profit :R 110 000 pm
Asset Value :R 600 000
Long Established Private Junior Primary School in Durban

This is one of the oldest private schools centrally located in a Durban coastal suburb. The establishment enjoys a very good reputation as one of the leading schools in the area. It offers schooling for Grade R to Grade 6, opening Grades 6 and 7 in 2024, and also offers aftercare. The current school capacity is 100 learners. The current staff comprises 7 teachers, a secretary and a cleaner.

The school is located on a 1075m² size property, including 7 classrooms, 2 offices, toilets, a dining room, a kitchen, a playground and a parking area.

The reason for selling is the owner’s (school principal) retirement. The asking price for the school business is R4.4m.