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Private Preparatory School and College on the East Rand
Reason for Reporting
Like all other private schools, this Preparatory School and College was affected by the recent COVID 19 pandemic however, the school has recovered well and is going from strength to strength. It currently has some around 200 pupils in 25 class rooms. It employs 24 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.
The seller would like to retire and is asking R19 million for the school, its assets and the property.
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