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Asking Price:	$349,000 USD USA Dollars
Business for Sale Industry:	Services: Education, Training
Reason for Selling:	Relocating out of state
Year Established:	1999
# of Employees:	6
Yearly Revenues:	$345,650
Yearly Cash Flow:	$100,604

Business for Sale Overview:

This school has been in business 9 plus years and has established a very good name in the area. The school maintains elementary and middle school grades. There is a home school feel with small class room sizes. The majority of the business comes in through word of mouth with 80% repeat students, siblings, friends, other schools, etc. Very large majority of students are already enrolled for 2008-2009 school year. This school also operates an aftercare program, summer camps and tutoring as additional profit centers. The owner works less than 40 hours per week.

Property Features and Assets:

The facility is about 3,500 square feet with an additional 500 square feet facility adjacent. Furniture, Fixtures, & Equipment is compliant with State regulations, includes a 12 passenger van and normal desks, chairs, tables and playground equipment worth $40,000-$60,000.

Market Competition and Expansion:

This school has a strong reputation based on small class room sizes and accepts scholarships (other schools do not). Year to year the business has increased due to word of mouth and reputation, growth in the area and recognized by Department of Education as a school of choice. Could increase sales by adding more grades (past 8th).

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.