Pure Seller Carry Montessori School - 63 Kids
Location Washington,United States
Asking Price Range $500K - $1.0M
Gross Revenues $568100
Net Profit / Cash Flow $148673
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Inventory 200000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Semi-retirement.
Description Square Footage Capacity for 100 Children, New Conditional Use Permit for 63 kids. Enrollment to run about 84. Hours: Mon - Fri 6:45AM 5:00PM. Preschool / Kindergarten (2 - 6 years): PM Class (12:30 -3:00PM), 6 Hours (9AM - 3PM), Full-Time (Includes Childcare). Parents Sign Annual Contracts. $150 Registration Fee ($75 for Before / After School Program). Tuition is $300/month for PM Class and $500 - 750/month for 6-Hour and Full-Time Classes. Before School is $125/month and After School is $225/month, Both $325/month. Director and Assistant Director Run Daily Operations. Owner Manages Cash Flow and Administration Details. Uses Procare software system. Payroll Out-Sourced. Staff Busses Students to Local Schools.
Facility: Specifically Designed for Childcare, Built in 2004: 3,074 SF. Main Floor: Two Spacious Classrooms with In-Room Toilets, Large Lobby, Office, Adult Bathroom, 1,800 SF Walk-Out. Lower Level: Before / After School Classroom, Large Common Restroom, Teacher Room, Warming Kitchen, Entire Building Fire Sprinklers, Open Ceilings, Tile Floors for Easy Maintenance, Over-Sized Fenced Playground. Drive-Through Parking Lot (Teachers Receive Students Outside in Drop-Off Area), 8 Parking Stalls. Lots of Windows / Natural Light.
2007 Gross Revenue (Lic: 39): $477,475. 2007 Adjusted Net Profit (Lic: 39): $154,160. Proforma: At 63 Students, Projects $568,100 Gross Revenue and Net Earnings of $148,673. Offering: Business Only; Includes Furniture / Equipment / Van. Facility Lease: $7,500/month NNN. Selling Price: $750,000 Terms: With 25% Down Payment, 75% Seller Carry, 7% Interest, 10-Year Amortization, 5-Year Balloon Payment, OAC. Contact for more information on this Montessori School for sale.
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