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Preschool in Kaufman County #1957

Kaufman County, TX

Preschool in Kaufman County #1957
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Asking Price: $599,000

Cash Flow: $131,396

Gross Revenue: $649,533

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $3,500 /Month

Established: 1982

Preschool in Kaufman County #1957

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Business Description

Operating school for sale. The school has an excellent reputation in the community with a waiting list. The building has been expanded but is currently under-utilized. The school sits on 3 +/- acres in a prime location. Initial growth in enrollment starts with enrolling the children currently on the waiting list and hiring teachers. The school has a licensed capacity of just under 240 with only 120 children enrolled due to owner's desire to keep enrollment low. New owner has lots of room for growth. Seller is wanting to sell the business with a lease rate of $3,500 +/- plus triple net. This school accepts students from 8 weeks of age through age 12. A new owner could increase their income by marketing to the new home developments that are close by, as well as some internet marketing efforts. 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 at 972-219-6961.

Detailed Information

Location:
Kaufman County, TX
Real Estate:
Leased
Building SF:
10,200
Lease Expiration:
N/A
Employees:
13FT/5PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Visible location off main roads and close to elementary school. 3 acres of playground.
Competition:
School located in a prime location on three +/- acres., Very visible from the highway and close to elementary schools. Area is growing steadily with home expansion all around the school
Growth & Expansion:
Initial growth in enrollment will come from the Student Wait List and hiring more teachers. The building has been expanded and the additions aren't currently being utilized. More growth through advertising and marketing. Adding web-based marketing would be an improvement.
Support & Training:
The owner will provide 30 days of on-site training and 60 hours via email, text or phone calls.
Reason for Selling:
Retirement
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Gateway Mergers & Acquisitions

Business Listed By:
Gateway Mergers & Acquisitions

Gateway Mergers & Acquisitions

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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