Profitable, well established Preschool in Palm Beach County. Licensed for 76 and we have children from 1 year old to school age. Current enrollment is 54.
We offer Free food program (through State of Florida), VPK program, After School program (we pick up kids from 4 Elementary schools), Summer/Spring/Winter Camp for school aged children.
We offer private as well as subsidized care through ELC Palm Beach and ELC Broward.
School is 3600 sqft under air and there are 6 rooms, 1 office, 2 kids bath rooms and 2 1/2 adult bathrooms. There are 2 playgrounds (one for toddlers and the other for age 3 and up). There are 3 total porches.
This is a great opportunity for some one to come in and take the school to the next level. The school is in a big lot and there are opportunities to add more rooms/buildings and increase the licensed capacity and revenue.
The owners have not advertised for a while and the current enrollment is through word of mouth only! With proper advertisement, licensed capacity can be easily reached.
We have been in compliance with the Palm Beach County Health Department.
Requirements for buyer:
- Must have taken 45 hour Florida child care class
- Director credential preferred
- must apply and get clearance from PB County Health Department to run the preschool
About the Business
Boca Raton, Florida
Number of Employees:
6 Rooms, 2 Children bath rooms, 1 1/2 adult bath rooms, 2 play grounds, 1 big porch and another small one. Opportunity to expand the business and build additional rooms
We have owned it for more than 15 years and would like to sell and live closer to our children
After the sale, we will help the buyer for 2 weeks
With additional enrollment, revenue can be increased to over $300K easily.
preschool, school, day care, child care
Ad Detail Views:
Asking Price: $925,000 Gross Revenue: $222,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $700,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Profitable Preschool with Real Estate in Palm Beach
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