Private School

Gauteng

R 22 000 000

Financial Information

Net Asset Value R 932,000
Inventory Value R 0
Property Value R 0
(Annual) Operating Profit R 145,000
(Annual) Turnover R 880,000

Private school with notable track record

The school was established in 1991 and operated as a primary school until 2004 when the current owner established a high school. There has been a demand for good schools in the area and this school is registered with the GDE, IEB, and the ISASA. This Preparatory School and College has grown from strength to strength and currently accommodates some 285 pupils in 25 class rooms. It employs 25 Academic staff and 7 other staff and is situated on approximately 7,500 square meters. The owners manage the operations on a day to day basis with delegated authority to the two principals who run the Primary and High Schools respectively. With continual investment, there is scope to add on classrooms and to increase enrolment. Property is available alongside the school that can be purchased for future growth. This school prides itself on its 100% pass rate on the IEB standard. Because of the staff’s attention to detail and to the wellbeing of its students, there is a growing demand for the type of education being offered.

Established

1991