$6,500,000.00
Asking Price
Status: Active
Posting ID: 287327
10/30/24
Description
Northern California Two Location Montessori Schools - Absentee Owner - Building and Land Included - SC2188
Financial Information
Asking Price: $6,500,000
Cash Flow: $590,250
Gross Revenue: $1,900,000
Down Payment: $3,250,000
This two location Northern California based Montessori School is a California Sub-Chapter S Corporation that has been in operation for the past 33 years. They have two separate locations, each owned by the Seller and service from 18 months old to 6 years old. Both locations have won numerous awards as the best preschool in the area. They are a authentic Montessori pre-school. A Montessori school is an education environment that works by providing children with a respectful, nurturing atmosphere and a “hands-on” approach to learning. They offer advanced academic programs, individualized learning with low student-teacher ratio. This is truly an absentee owned business!
Between the two locations, they have approximately 165 students with a wait list of around 80-85 units. There is room for expansion, and with the appropriate licensing and staff you could go up to 8th grade to teach. Marketing is all through word of mouth. Increase digital marketing and advertising would greatly increase enrollment at these schools.
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is that the Sellers are looking to retire.
Detailed information
Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 26
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 2
Adjusted EBITDA: $386,875
Inventory Included: No
Monthly Rent: $10,600
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $4,250,000
Building Size: 9400
FF&E Included?: Yes
FF&E Value: $250,000
Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
The global early childhood education market size was worth around $249.38 Billion in 2022 and is predicted to grow to around $467.83 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.21% between 2023 and 2030.
Real Estate Description
They operate out of two different locations. One location is 6,000 square feet and has a monthly rent of $7,200 per month. The other location is 3,400 square feet and monthly rent of $3,400 per month. There is also part of the sale a 4-acre parcel of land adjacent to one of the school locations.
CA 02100708
NV 1003039
To get more information about this Montessori Schools - 2 Locations, 33 Years Est business for sale in please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287327 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Montessori Schools - 2 Locations, 33 Years Est, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.
Contact
Details
Asking Price: $6,500,000.00
Down: $3,250,000.00
Cash Flow: $590,250.00
Revenue: $1,900,000.00
Area:
City: None Given
Attributes:
My Notes About This Listing
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Down
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