Preschool With Opportunity for Expansion

Not Disclosed, FL
St. Lucie County

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Asking Price: Annual Revenue:
$350,000 $289,738

Services: Children - Child Care, Education

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RE: Preschool With Opportunity for Expansion Broker: Bill West
Owner Financing is Available!
Seller Loan Amount: $35,000. Months: 120. Rate: 9%. Monthly Payment: $443.37

Quick Facts

Asking Price: $350,000
Annual Revenue: $289,738
Net Profit: Not Disclosed
Cash Flow: $104,454
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 372711185
Broker Reference #: 170-04302

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Business Overview:

Very well located new preschool facility with stabilized income and opportunity for expansion. This business was opened in 2019 and began ramping up in 2020 when COVID hit. The business struggled to gain traction through this period and began full operations in 2021. The school is profitable with the current enrollment of 51 students. An additional 13 students could be added with 1 new teacher and there is capacity to increase enrollment to 91 students with minor improvements to the facility. The school is located in multiple economic improvement zones and the enrolled population provides additional cash flow streams and parental benefits. As an example, all students currently receive lunch at no cost to the parents.

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Property Features and Assets:

Inventory: $3,400 (Included in asking price). Lease/Month: $2,560. Square Footage: 4,235. Building Type: Strip Center. Terms & Options: 5/5. Expiration Date: 6/1/2029. Leasehold: $35,453.

Reason for Selling:

Pursuing Other Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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