This large, long-established school is located in a residential area in a good neighborhood with great visibility and on-site parking. It is an attractive building with a good interior layout which is licensed for 130 children. The outdoor area is quite large, with trees, shrubs, equipment, and multiple surfaces. The interior is well laid out.
The lease is 15 years long at a starting rate of $9275 per month for the first 2 years, to allow a new owner time for a smooth transition of ownership and to rebuild from the decrease in enrollment during the pandemic, and then increases to fair market rent of $11,275 in year 3.
The price is $900,000 with a down payment of $450,000. The Seller will carry the loan at a very good interest rate of 5%, eliminating the higher bank interest rates and origination fees.
To get more information about this Montessori School - Large, Long Established business for sale in
Central Orange County please phone Joanne Weber (Broker - BRE License #:00598111) at 818-760-3644 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #274782 on BizBen.com. In addition to phoning
Joanne Weber, make sure you email Joanne Weber above to get more info about this
Montessori School - Large, Long Established, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 00598111. Ryan Craig Company - Preschool Specialist.
Related Links & Information Regarding This Posting
This long established Montessori school ,situated on a nice lot in a residential area, is in a free standing building with a long term lease at a fair market rate. The lease includes a right of first refusal if the Seller chooses to sell the real estate during the term of the lease. Purchase Price: $550,000. Down Payment: $250,000. Owner will carry the loan at a 5% interest rate.
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This long established Montessori school ,situated on a nice lot in a residential area, is in a free standing building with a long term lease at a fair market rate. The lease includes a right of first refusal if the Seller chooses to sell the real estate during the term of the lease. Purchase Price: $550,000. Down Payment: $250,000. Owner will carry the loan at a 5% interest rate.
