Business For Sale Listing 121382
Preschool with Property - North of Boston
Status as of Nov-20-2008 at 06:47 PM: Active
Business Summary
FF&E: 80K. This is a well-established private pre-school, founded 18 years ago and licensed for children ages 19 months to 7 1/2 years. It has a wonderful mix of attractive and comfortable facilities, with an environment geared toward an educational philosophy. There are three active classrooms, one for toddlers (19 months to 3 years) and two for preschool (3 to 6 years), plus one extra which is used for special activities. The building capacity is 69 and the center is currently licensed by the State for 59 children. Current enrollment is 10 toddlers and 37 Pre-K. The school year starts after Labor Day and runs through late June. All children are under contract for tuition through the end of the school year. Location is in a residential area in a prime location convenient to a number of towns and cities, with ample parking and easy access. Revenues declined in 2006 as the owner scaled down the business to free up personal time (a new owner can scale back up). A key source of new cash flow is available to a new owner! The current owner does not actively market the business, but a more aggressive effort could pay off handsomely since there is still unused current capacity. The center’s employees, 7 full-time and 1 part-time in addition to the owner, all have Bachelors degrees. Head teachers are trained and certified in early childhood. They are dedicated and skilled teachers, averaging 18 years with the school. You can buy the preschool (200K) and lease the property, or buy the property for an additional 600K.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (342,000) |
| Profits: |
Under $100 Thousand (52,725) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2006 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (200,000) |
