Hillsborough County Preschool in Picturesque Setting

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Preschool Located in Picturesque Setting
Asking Price:
$600,000

Gross Revenue:
$295,800
Cash Flow:
$106,500
EBITDA:
$48,002
Inventory:
 Not Disclosed
included in asking price

FF&E:
$30,000
included in asking price

Real Estate:
$400,000
included in asking price

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Business Description

Sale includes the real estate! Sharp looking school located in a picturesque setting in a quaint and historical neighborhood. School was established 32 Years ago, and is licensed for 64 children. School currently enrolls from ages 2 thru VPK, and has an after school program up to 12 years old. Includes a bus, which picks up 15-18 children from elementary school. School is enrolled at 55 children.
Value add potential by advertising and enroll to capacity, and add a portable classroom on the open space as pictured in the exhibits. Enclose the cabana to add a classroom… see property sketch. There is no food program… add one! Become a Gold-Seal school and exempt from property taxes; get 10% more on Food Program, and 10% more on School Readiness.
School has a full kitchen, four large classrooms, four bathrooms, two playgrounds, and a covered cabana.
School employs 8 teachers and 1 director.
2018 Cash Flow $106,500, which has increased the past two years.
Offered at $600,000

About the Business

Location:
Seffner, Florida
Year Established:
1987
Number of Employees:
9
Real Estate:
Owned
Building Sq. Ft.:
2,600
Facilities:
Two buildings on one over-sized lot
Market Outlook/
Competition:
Typical competition
Growth & Expansion:
Room to add a portable classroom for greater enrollment
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About the Sale

Reason For Selling:
Retirement
Training/Support:
2 Weeks Free of Charge

Listing Info

ID:
1666447
Ad Detail Views:
0

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Business Listed by

Tom Brubaker

TamBay Commercial Inc
License# BK3229948

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