This opportunity to acquire a former preschool facility and real estate in Sarasota, Florida is now offered at $1,199,000. The preschool is not currently operating, allowing a new owner to reopen under their own program, hire staff, and build enrollment.

With multiple potential financing options, an experienced preschool operator looking to expand into Sarasota may have the opportunity to own the real estate rather than lease, potentially preserving more capital for licensing, staffing, marketing, and rebuilding enrollment.

Existing License + Seller Assistance
The property has an existing preschool license with a reported capacity of 117 children, and the seller is willing to assist the buyer with the steps needed to reactivate the program.

The approximately 5,642 SF facility is already configured for childcare use with classrooms, administrative space, outdoor play areas, and existing childcare infrastructure.

Potential SBA 504 Financing Structure + Seller Financing
For a qualified buyer, the Seller is willing to consider financing approximately 10% of the purchase price on standby. When combined with SBA 504 financing, this may provide an opportunity to structure the acquisition with approximately 10% buyer cash investment.

Based on the new $1,199,000 asking price:

Bank Financing (50%): $599,500
SBA/CDC Financing (30%): $359,700
Seller Financing on Standby (10%): $119,900
Buyer Cash Investment (10%): $119,900

Additional Investment Opportunity: EB-5
The property may also present a potential EB-5 investment opportunity for a qualified international investor seeking to develop a childcare operation and create jobs, subject to investor eligibility, project structure, job-creation requirements, and applicable USCIS requirements.

PROPERTY HIGHLIGHTS

New Price: $1,199,000
Reported Licensed Capacity: 117 Children
Approximately 5,642 SF
Purpose-built childcare facility
Seller willing to assist with program reactivation
Prime Sarasota location

Not a co-broker opportunity.

All financing terms, including the treatment of the seller note and required buyer equity, are subject to SBA, CDC, and lender approval.

Buyers should independently confirm the current license status, approved capacity, requirements for reopening, financing eligibility, and any applicable regulatory or immigration requirements.