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Asking Price:	$200,000 USD USA Dollars
Business for Sale Industry:	Services: Education, Training
Reason for Selling:	Retirement.
Year Established:	1990
# of Employees:	8
Yearly Revenues:	$349,990
Yearly Cash Flow:	$52,725

Business for Sale Overview:

This is a well-established private pre-school, founded 18 years ago and licensed for children ages 19mos to 7 1/2 years. It has a wonderful mix of attractive and comfortable facilities, with an environment geared toward an educational curriculum. There are three active classrooms, one for toddlers (19 mos to 3 yrs) and two for preschool (3 to 6 years), plus one extra which is used for special activities. The building capacity is 69 and the center is currently licensed by the State for 59 children. Current enrollment is 10 toddlers and 32 pre-K. The school year starts after Labor Day and runs through late June. All children are under contract for tuition through the end of the school year. Location is in a residential area in a prime location convenient to a number of towns and cities, with ample parking and easy access. Revenues declined in 2006 as the owner scaled down the business to free up personal time (a new owner can scale back up). The current owner does not actively market the business, but a more aggressive effort could pay off handsomely since there is still unused current capacity. The centers employees, 7 FT and 1 PT in addition to the owner, all have bachelors degrees. Head teachers are trained and certified in early childhood. They are dedicated and skilled teachers, averaging 18 years with the school. Buy the school for 200K and lease and property or put an offer on the property too (600K, for a total of 800K)- your choice!

Property Features and Assets:

3,400 sq. ft. of space, divided into several classrooms, office space and other rooms. A fenced-in play area is outside. There is easy access from nearby major thoroughfares and ample parking.

Market Competition and Expansion:

There are public schools and daycare facilities available to the children, but this school provides unique educational curriculum. The building is licensed for 25% more children than are currently enrolled. There are other opportunities to grow the business through additions to the building. Also, ask about the immediate increases in cash flow which are available. More promotion would draw in more children.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.