School for sale in Collin County #1958

Princeton, TX
Collin County


Asking Price: Annual Revenue:
$1,999,000 $638,528

Services: Children - Child Care, Education


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RE: School for sale in Collin County #1958 Broker: Gateway School Sales

Quick Facts

Asking Price: $1,999,000
Annual Revenue: $638,528
Net Profit: $296,955
Cash Flow: $296,955
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: 10
BBN Listing #: 533236164
Broker Reference #: 1958

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Business Overview:

Profitable Preschool located in Collin County. School located in a high growth area with new developments all around it. The asking price includes the real estate, furniture, fixtures and equipment, 2 vans, and goodwill. This school accepts students from 18 months of age through 12 years of age with an after-school program. The school participates in the food program and childcare services. Annualized revenues after 9 (nine) months of 2018 are at $638,528 and annualized Seller Discretionary are $296,955. The school sits on an acre of land and has a licensed capacity over 140 children. There are large playgrounds with ample room for children to play and run. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions or email us.

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Market Competition and Expansion:

Beautiful school in Collin County is a large growth area. School has an excellent reputation and is almost at full capacity.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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