MergerPlace

Preschool with Real Estate in S Florida

Florida (Broward)


  • Asking Price: $3,500,000
  • Gross Income: $749,211
  • Cash Flow: $150,133
  • Real Estate: $3,000,000
  • Inventory: Not Disclosed
  • FF&E: $50,000
  • Listing ID: #203377
  • Established: 1990
  • Employees: 3 FT - 22 PT

Business Description

PRESCHOOL/ DAY CARE CENTER includes real estate of 2+ acres in prime Broward County, FL location. 11,000+ square foot building licensed for 200+ children. Beautifully maintained facility. Turnkey operation. Super opportunity for experienced operator. Near employment hubs. Highest and best use is for a private school.


Business Details

Primary Business Category: Services - Educational
Location: Florida
County: Broward

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT - 22 PT

Financial Information

Asking Price: $3,500,000
Gross Revenue: $749,211
Cash Flow: $150,133
FF&E: $50,000
Real Estate: $3,000,000
Seller Financing Available: No

Property Information

Facilities:

11,000+ Sq. Ft. classroom building on over 2 acres. Features 12 classrooms, computer lab, gym, teachers' lounge, administrative, playground and swimming pool. Ideally located near major residential communities and employment hubs.

Growth & expansion opportunities:

Established school with over 20 years serving the market. Current enrollment of 125 can be increased to well over 200 with no modification to the facility.

Competition:

The US child care services industry includes about 54,000 commercial facilities with combined annual revenue of $21 billion, plus about 21,000 facilities run by nonprofit organizations with combined annual revenue of about $12 billion. Growth is expected to continue at a steady annualized rate of 1.9% through 2021 to $52.5 billion, with the majority of revenue still coming from private pay. Employer sponsored or subsidized centers will continue to expand as a way to attract and retain workers.

Reason for selling:

Retirement

Support & Training:

Available - Duration to be determined

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Roberta Caputo

Capital Business Solutions