MergerPlace

Preschool Aftercare VPK 60 kids

Florida (Palm Beach)


  • Asking Price: $599,000
  • Gross Income: $221,131
  • Cash Flow: $47,130
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $60,000
  • Listing ID: #203269
  • Established: 2015
  • Employees: 5

Business Description

Established preschool licensed for 60 kids, VPK and Christian based. Offers summer programs and aftercare. Built in martial arts room leases to separate business that feeds the aftercare business. Minor rezoning structure could get capacity to 89 kids. Seller can't keep up with both businesses and will rent the martial arts room from new owner for $500/mo. Add school readiness funding and max out capacity easily. Near newly opened PB state campus and 6000 new homes being built. Buildout just 2 years new. Please refer to listing number 6401-88858 and advisor Erin Bean when inquiring.


Business Details

Primary Business Category: Services - Educational
Location: Florida
County: Palm Beach

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $599,000
Gross Revenue: $221,131
Cash Flow: $47,130
FF&E: $60,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: $4280, Square Footage: 7400, Building Type: Commercial Terms & Options: 1 @ 3YR Expiration Date: 11/30/2021

Growth & expansion opportunities:

Market to community and grow to capacity. Rezone/minor changes to floorpan could increase capacity to 89 kids. Summer programs and school readiness funding for extra income

Competition:

Very little competition as this is located in the heart of the western PB community.

Reason for selling:

Seller wants to focus on other business

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

Erin Bean

Transworld Business Brokers