N Dallas Private School

Dallas, TX (Dallas County)

N Dallas Private School

Asking Price:$1,949,500

Cash Flow:$216,430

Gross Revenue:$549,371

EBITDA:$141,430

FF&E:N/A

Inventory:N/A

Real Estate:$1,500,000

Established:2006

N Dallas Private School

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Business Description

Ten year old N Dallas private school is accredited, well established, and profitable. We are not a daycare but specialize teaching children from Pre-K to grade 12. Year 2005 revenues were down to approximately $550,000 but 2016 is back on track to exceed $625,000 in revenues and $250,000 in cash flow as the minority owner has exited the day to day operations of the business in order to facilitate the sale. Prior years Net Income of $113,545 and cash flow of $346K in Year 2014 should be sustainable under the correct leadership. YTD 2016 Revenues are up 9% over the same time last year. Assets included in the sale include approximately $171,000 in accounts receivables and real estate of a 9,800 square foot building on 1.6 acres that are located in a fast growing part of the City. All teachers and critical staff are under contract until July of 2017. All student tuition and accounts receivables are assured by promissory notes. Current accreditation through the Southern Association of Colleges & Universities last through December of 2019. The school has been a member of the Better Business Bureau for over five years now and maintains a A+ Rating.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
9,780
Employees:
10
Facilities:
Over 1.6 acres of prime real estate and a 9,800 square foot building that is in a construction booming area of N Dallas, which is located less than 25 miles from Downtown Dallas. Building has a new roof valued at $77,000 that was just installed in July of 2016. The facility was renovated in 2012.
Competition:
Specialized private school with international attraction. We are unique as we offer low student/teacher ratios or less than 4:1 an offer therapies such as speech, occupational therapy, and music therapy that is integrated into each student's individualized curriculum.
Growth & Expansion:
Large campus can support additional programs and revenue streams.
Support & Training:
Owners will assist in a lengthy transition period of at least 4 months. One of the owners may be ope to staying on board for a longer period of time to assist with the transition.
Reason for Selling:
To focus on other business interests

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Simone Tan

Business Listed By:
Simone Tan

The Vant Group

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Sponsoring Broker:
Alex Vantarakis

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