Private Christian Primary And High School For Sale
Location Malawi
Asking Price Range $500K - $1.0M
Gross Revenues $300000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training Yes.
Reason for Sale Leaving the country.
Description This Christian co-educational private school for sale was started in 1994. There are currently 550 children enrolled (ages 2 1/2-16), the facility is approved for 612 children. The stated financials are for 2007-2008 academic yr. 2008-09 financials should be higher because there are a larger number of children enrolled for 2008. Included with the sales price are the buildings, 5 of them which total 1300 sq. m. OR 13,993 sq. ft. (brick and mortar structures), valued at $430,000. Also included in the purchase price is a 2003 passenger (29 seater) school bus valued at $15,000 as well as all instructional materials(lessons), valued at $140,000 plus. Monthly tuition ranges from $320 to $750, per child per annum. There is plenty of room to grow the enrollment.
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