Established Private Preschool, with Real Estate Included
- Primary Category: Preschools for Sale
This pre-school has been family owned for over 30 years. The owner moved out of state in 2021 and is ready to retire. The Director runs the school, and the owner travels to California every 3 to 4 months to review operations and the business's financial health continues to increase yearly.
The school is very clean and well maintained. For example, the floors are buffed and waxed quarterly, the A/C unit is serviced quarterly, and a part-time staff member cleans and maintains the school premises. This is a secured facility with iron fencing, an electronic gate, and a monitoring camera system inside and outside.
Business: Preschool. 501 Corp. This is a learning and structured environment with kindergarten readiness. Ages are from 5 weeks to the age of 12 years and 11 months old. Pricing brochure upon request.
Customer Type: mostly subsidized single/married parents that have a lower income and qualify for subsidized tuition paid by the State of California. Most clients are within a 10-mile radius.
Marketing: Website, Google, Facebook, Instagram. Best marketing is word of mouth.
Competition: Seller does not see competition between daycare/preschool as most clients will go to the closest preschool near home or work.
School is selling for: $1,550,000
Real estate is selling for: $1,650,000
If you are interested in this business, a Non-Disclosure and Buyer profile will be sent to you. Employees are not aware of the sale. Qualified buyers will need SBA loan approval or must show proof of funds.
If you have any questions, please call Carol Bennett at 661-369-1516.
Financial Information
- $3,200,000 Asking Price
- $1,566,404 Cash Flow
- On request Gross Revenue
- Yes Financing
Business Location
- City: Confidential
- State: California
Financing Comments
- Seller or third party financing available for a qualified buyer
Reason for Sale
- Retirement
Detailed information
- Year Established: 1989
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: Yes
- Full-Time Employees: 15
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: $593,752
- Inventory Included: Yes
- Inventory Value: On request
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $1,650,000
- Building Size: 7000
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- Yes, 80 hours included in the sale
Market Outlook/Competition
- Some nursery schools can be funded both publicly and privately. (IBIS 9/2024). This school has 138 on roll, 22% are private pay and 78% are subsidized. Opportunities: (per IBIS World 9/2024) High Revenue Growth (2019-2024) High Revenue Growth (2024-2029) High Performance Drivers Government consumption and investment
Real Estate Description
- 7,000 sq ft facility
Business Listed by
Carol Bennett
Sunbelt of BakersfieldContact Business Broker
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