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Quick Facts
Asking Price: | $10,700,000 | |
Annual Revenue: | $1,967,334 | |
Net Profit: | $590,055 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 16 | |
BBN Listing #: | 295156614 | |
Broker Reference #: | SV00143 |
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Business Overview:
This newly built preschool business offers childcare and educational programs for infants, toddlers, preschooler and after school programs. It is located in a premium school district in the bay area nestled with new neighborhoods with primarily couples and young kids. This business comes with real estate which is newly built and it's located on about 1 acre land. In 2019, the owners added 2 new classrooms, so the full revenue and profit potential is not reflected in 2019 financials. Financial model is available to show the potential cashflow based on the increased capacity once NDA has been executed.
This franchise school comes with a proven education system along with experienced directors and teachers. This franchise is in such high demand so it’s normally very difficult to identify real estate and open a new location in the bay area. State licensing is required to operate this business so the new owner will need to qualify individually or be able to hire directors who can get the required license to operate the school. Business is currently operating with modified operations due to Covid-19, but it is an essential business. Owner is ready to retire from the business and committed to make a smooth transition.
This is a highly confidential sale so the prospective buyers need to complete NDA and a buyer profile before any information about the business can be shared. Buyer should be willing to show proof of funds as well.
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