Successful Preschool with Real Estate, Rare OpportunityListing: #SV00105
About this Business for sale in Greater San Francisco Bay AreaSuccessful Preschool with Real Estate, Rare Opportunity
This well-established childcare business offers child care and educational programs for two-year-old to six-year old kids. It is in a high demand area and has had a history of long waitlist for over a decade. This business comes with real estate so there is a predictability of the rent and helping the long-term viability of business. Recent renovations and expansion of the capacity of the buildings make this a turnkey and ready to run for next decade or so. This is a well-established business with all systems and experienced management in place. This business generates significant cashflow so it's SBA qualified. This business is not a franchise so there is an opportunity for the new owner to convert this to a Stratford or a Montessori of your choosing and significantly increase the value of the business.
State licensing is required to operate this business the new owner will need to qualify individually. Business is currently operating with modified operations due to Covid-19, but it is an essential business. Owner is ready to retire from the business and committed to make a smooth transition.
This is a highly confidential sale so the prospective buyers need to complete NDA and a buyer profile before any information about the business can be shared.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.