Montessori
Location Washington,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1128728
Net Profit / Cash Flow $218380
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Retirement.
Description Licensed for 75 Children: 12 Months to 8 Years Old. Classes 9AM-3PM: Early Montessori Preschool (Ages 2-3), Traditional Montessori Preschool (Ages 3-5), Pre-Kindergarten (Ages 4-5), and Kindergarten (Ages 5-6). Also offers before and after school childcare. Talented, professional staff; with 4 to 19 years experience. Parents Sign Annual Contracts. $150 Registration Fee. Tuition ranges from $650 to $1,050 per month depending upon group and days attending. Extended care is extra, in addition to tuition and runs $180 to $295 per month. Many parents are professionals working on the East Side and in Seattle. Parents can view their children online during class. The staff are professional and highly experienced educators well versed in Montessori Methods; most are Montessori Certified. One Teacher holds a BS in Environmental Science. Another is a State Certified Kindergarten Teacher. There are two staff members capable of serving as the center's director (for licensing). Facility: Two-story leased facility specifically designed and renovated for Childcare: Upper Level: 3,200 SF - 4 Classrooms, 4 Bathrooms plus a Staff Bathroom. Main Floor: 2,780 SF - 2 Classrooms, 2 Bathrooms and 1 Staff Bathroom in addition to a gated Lobby / Check In-Out Area, Two Administrative Offices and a Kitchen. Lots of Windows / Natural Light. On - and Off-Site Parking plus Playground Areas. Lease in place until March 31, 2011; current rate is $8,270 per month NNN. Includes Two 5-Year Options to Renew plus a Right of First Offer. 2007 Gross Revenue: $1,128,728. 2007 Adjusted Net Profit: $218,380. Selling Price: $775,000 Terms: Cash Preferred; Possible 10% Seller Carry with Negotiable Interest Rate and Payout, subject to approval by seller. Contact for more information on this Montessori for sale.
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