Established Preschool plus Real Estate

Davie, FL (Broward County)

Established Preschool plus Real Estate
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Asking Price: $899,900

Cash Flow: $125,000

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Real Estate: $500,000

Established: 1972

Established Preschool plus Real Estate

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Business Description

Purchase business plus Real Estate in Booming City of Davie, FL.

What a Deal! you own the Real Estate plus the business! This school has been serving the fastest growing city for over 40 years and has always maintained an excellent reputation for taking great care of the children. The city of Davie is booming with extensive construction and expansion. Currently there are 280 townhomes being built behind the school. I'm sure this will bring the school to maximum capacity. The school is grandfathered for a capacity of 50 children and can be expanded. The property sits on over 20,000 square feet of land with plenty of space for playgrounds, and has several fruit trees that provide great shade for the children to play. This strip of Davie has a very country feel with it's many trees and homes with horse stables. At full capacity the school will perform at least $260000 in sales. There's also room to increase tuition which will bring this number up. The school currently participates in state funded programs, VPK (voluntary prekindergarden) and ELC (Early learning coalition) and state provided food program (free meals to all children). The school also has an after school program and picks up children after school at three different locations, there is also a summer program in place. With the excellent good will and booming location, this school is a winner.

Detailed Information

Location:
Davie, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The school is well equipped with the necessary furniture and materials to provide the children with a great learning experience. There is also a van in place to pick up children at different schools for after care.
Competition:
There are other preschools in the area, but this school is unique with its country setting and extensive playground areas.
Growth & Expansion:
Currently there are 280 townhomes being built by Lennar directly behind the school. With the right marketing the school is in a position to attain full capacity from this market share.
Support & Training:
Current owner will support the buyer by still visiting the school from 7:30 am to 9:30 am everyday for 2 weeks from the date of sale. Owner will be available by phone for an additional 2 weeks.
Reason for Selling:
Seeking other ventures possibly out of state.
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Business Listed By:
marlon prieto

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