Listing ID:
4110-00421
Listing Type:
Exclusive Right of Sale
Price:
$350,000
Down Payment:
$350,000
County:
Orange
State/Prov:
Florida
Country:
United States
Sales:
$340,043
SDE:
$105,987
With over 25 years in business, this early years preschool offers an outstanding childcare program for infants along with an educational curriculum for preschool children.
The facility serves children ranging from infants to 12 years. It consists of four classrooms and benefits from utilizing both inside
and outside learning environments. The center is structured to meet the diverse needs of young children. All staff are
background screened, fingerprinted, and have completed the state required training courses. They regularly participate in
continuing education and professional development courses to maintain a level of high-quality early years childcare and
education.
The academy is licensed for just under 70 children on site at any given time and is currently operating below that capacity, offering a new owner the chance to significantly increase revenue. The seller has owned the business for the past 11 years but is now looking to retire and so has not actively sought to grow the business over the past 12-18 months.
The preschool is qualified and registered to accept reading readiness and VPK funded places, in addition to privately funded places, holiday camps, and after school programs.
A new owner will inherit a business with great books and records, a dedicated team in place, and an excellent reputation within
the local community and beyond.
Location:
Orlando
Organization Type:
Sub-S Corporation
Hours of Operation:
Mon-Fri 6am to 6pm
Years Established:
25
Years Owned:
11
Employees FT:
4
Employees PT:
0
Managers:
0
Amount of Hours Owner Works:
15
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
May Qualify for a Visa:
Yes
Other:
$4,771
FF+E:
$5,000 Included
Total Assets Included:
$5,000
Monthly Rent:
$4,500
Expiration Date:
2024-05-01
Square Footage:
3200
Terms and Options:
Negotiable
Building Type:
Strip Mall
Reason for Sale:
Retirement
Training and Support:
Two weeks at no cost to buyer
Non Compete:
5 years / 25 miles
Owner Qualifications:
DCF license
Listing ID: 4110-00421
Listing Type: Exclusive Right of Sale
Price: $350,000
Down Payment: $350,000
County: Orange
State/Prov: Florida
Country: United States
Sales: $340,043
SDE: $105,987
With over 25 years in business, this early years preschool offers an outstanding childcare program for infants along with an educational curriculum for preschool children.
The facility serves children ranging from infants to 12 years. It consists of four classrooms and benefits from utilizing both inside
and outside learning environments. The center is structured to meet the diverse needs of young children. All staff are
background screened, fingerprinted, and have completed the state required training courses. They regularly participate in
continuing education and professional development courses to maintain a level of high-quality early years childcare and
education.
The academy is licensed for just under 70 children on site at any given time and is currently operating below that capacity, offering a new owner the chance to significantly increase revenue. The seller has owned the business for the past 11 years but is now looking to retire and so has not actively sought to grow the business over the past 12-18 months.
The preschool is qualified and registered to accept reading readiness and VPK funded places, in addition to privately funded places, holiday camps, and after school programs.
A new owner will inherit a business with great books and records, a dedicated team in place, and an excellent reputation within
the local community and beyond.
Location: Orlando
Organization Type: Sub-S Corporation
Hours of Operation: Mon-Fri 6am to 6pm
Years Established: 25
Years Owned: 11
Employees FT: 4
Employees PT: 0
Managers: 0
Amount of Hours Owner Works: 15
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
May Qualify for a Visa: Yes
GROSS SALES: $340,043
– Costs of Goods Sold: $28,448
= Gross Profit: $311,595
– Total Expenses: $354,839
= Net Before Taxes: $-43,244
ADD BACKS
+ Owner(s) Salary: $120,535
+ Benefits: $13,500
+ Interest Expense: $15
+ Depreciation: $0
+ Other $4,771: $15,181
TOTAL OWNER BENEFIT: $105,987
GROSS SALES: $446,847
– Costs of Goods Sold: $0
= Gross Profit: $446,847
– Total Expenses: $404,411
= Net Before Taxes: $42,436
ADD BACKS
+ Owner(s) Salary: $128,500
+ Benefits: $15,500
+ Interest Expense: $22
+ Depreciation: $1,293
+ Other $4,771: $4,988
TOTAL OWNER BENEFIT: $192,739
GROSS SALES: $277,510
– Costs of Goods Sold: $0
= Gross Profit: $277,510
– Total Expenses: $318,935
= Net Before Taxes:
ADD BACKS
+ Owner(s) Salary: $100,700
+ Benefits: $0
+ Interest Expense: $4,144
+ Depreciation: $2,156
+ Other $4,771: $0
TOTAL OWNER BENEFIT: $70,346
FF+E: $5,000 Included
Other: $4,771
Total Assets Included: $5,000
Monthly Rent: $4,500
Expiration Date: 2024-05-01
Square Footage: 3200
Terms and Options: Negotiable
Building Type: Strip Mall
Reason for Sale: Retirement
Training and Support: Two weeks at no cost to buyer
Non Compete: 5 years / 25 miles
Owner Qualifications: DCF license