Established Successful Northern California Preschool

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Asking Price:
$575,000

Gross Revenue:
$547,143
Cash Flow:
$213,838
EBITDA:
$213,838
Inventory:
 Not Disclosed

FF&E:
$10,000
included in asking price

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Business Description

This Reggio based preschool program located in a desirable area in Northern California.
The centers financial performance has been one of continued growth with 14% year-over-year growth and an enrollment that is 99% full for the 2019-2020 calendar year. The new owner will enjoy the assurance of a durable income stream as they acclimate to the new endeavor.
The school has two programs; one for 3 to 4 years old and a second for 4 to 5 year olds. They also offer after school and Summer Camp programs.
The school has enjoyed a steady influx of repeat business and continued growth through word of mouth. The stellar reputation is the biggest driver for the growth as well as the continued real estate developments in the immediate surrounding area.

About the Business

Location:
California
Year Established:
2002
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
2,283
Rent:
$10,381.00 Per Month
Facilities:
We believe this to be a very suitable location for the school based on the convenience of location that allows the business to draw from many of the surrounding communities. The facility is well maintained by the school and the landlord both inside and out.
Market Outlook/
Competition:
There is very little competition as there is not another program within two miles of the centers location.
Growth & Expansion:
The most obvious area for growth is simply acquiring more space to add classrooms. This can be achieved by either negotiating with the current property management to lease the adjacent space and building out new school classrooms, or purchasing real property in the nearby area. The demand seems apparent and add the new apartment complex recently opened in addition to other housing developments in the surrounding areas will only bring more demand to the school in the years ahead.
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About the Sale

Reason For Selling:
Owners own numerous schools and the stress of operating in disparate locations
Training/Support:
2 weeks at 40 hours per week
Seller Financing:
five year option in place

Listing Info

ID:
1617221
Ad Detail Views:
0

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Business Listed by

Paul Kelley

Synesis Advisors

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Sponsoring Broker:

Randy Katz
Synesis Advisors
License# 01999173


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