Description About This Posting: Large Preschool - Long Established
This long established preschool, set in a rapidly developing area of san diego, with numerous commercial and office buildings nearby, currently has a licensed capacity of over 160 children. The yard is well laid out and very child friendly. The interior of the building has large, open classrooms and a multitude of educational and developmental equipment.
The rent is very competitive for the size and location of the building, at $15,700 per month.
The school has shown a consistent growth over the past several years, with the influx of parents employed at the local commercial buildings nearby. They have increased annual gross income by approx.. $300,000 each year for the past several years. Current enrollment is about 90, comprised of infant/toddlers and preschool children.The owners, who have been at this location for about 25 years, are selling in order to retire.
Since there is a qualified director on staff, this school is an excellent opportunity for a semi-absentee owner or for someone that wishes to be the owner/director.
The selling price is $1,750,000. Due to the good cash flow and accurate, precise financial records of the seller a bank loan is an excellent possibility for a qualified buyer. Probably down payment required by a bank, depending on buyer's background and capabilities would be approx. $350,000.
Great opportunity for a knowledgeable and motivated owner to profit from an already considerable cash flow with the chance to almost double the income since there is considerable space to add more students.
To get more information about this Large Preschool - Long Established business for sale in
San Diego Area please phone Joanne Weber (Broker) at 818-760-3684 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #250689 on BizBen.com. In addition to phoning
Joanne Weber, make sure you email Joanne Weber above to get more info about this
Large Preschool - Long Established, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
We have been San Diegos premier business broker and merger and acquisition specialist since 1989. Staffed with some of the best-qualified and most experienced business brokers in the industry, our professionals have all earned or are candidates for the Certified Business Intermediary (CBI).
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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