Description
This is your opportunity to own a successful, state-licensed preschool facility in an affluent suburban Wayne County area. This school has been located in a busy and beautiful downtown part of Wayne County for over 40 years and is a well-known location for people in the area. It caters to children ages 3 to 5 years old for the preschool program and 3 to 8 years old for summer camps. The facility is licensed for 40 children at a time and has been highly recognized in the community for its success.
The preschool is located in a stand-alone building that is almost 3,000 sq. ft. The building has been well-maintained, with many upgrades over the years, including a new patio, new play structures, and other outdoor equipment. Inside, there are two large classrooms subdivided into smaller “rooms” to provide more personalized attention from the teachers to the children.
The business is currently operated by a director who has been with the company for many years, along with other part-time and full-time staff members. In addition to the standard preschool curriculum, the facility offers music classes, art classes, and various seasonal programs and events to keep the children engaged.
There is tremendous room for growth for a new owner-operator by aggressively marketing in the local area, expanding the summer camp program, and staggering AM/PM classes to accommodate more children within each time slot. The seller is open to leasing the building to a qualified buyer if they do not wish to purchase the property. This is a rare opportunity to own a fully turnkey preschool in a desirable location.
Get More InfoBusiness Overview
| Revenue | $292,205 |
| Cash Flow | $47,561 |
| Inventory | $To Follow |
| Year Established | 1995 |
| Seller Financing | Yes |
| Employees | 4FT 5PT |
| Asking Price | $150,000 |
Key Statistics
- Hours of Operation: Mon - Fri 7am-6pm
- Employees: 4 Full Time 5 Part Time
- Year Established: 1995
- Year Acquired: 1995
- Liscence Required: Childcare / Director
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $292,205
- Source: Seller Provided Financials
- Cash Flow: $47,561
- Source: Seller Provided Financials
- Inventory Value: To Follow
Seller Financing
- Business Price: $150,000
- Down Payment: $75,000
- Monthly Payment: $1521
- Interest Rate: 8%
- Amortization Period: 60
Location
- Monthly Rent: $3,500
- Lease Terms: Lease Expires: 11/1/24 with option to renew
Get More Info
Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.