Asking Price $4,100,000

Large Profitable Preschool in Denton County #1974

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We are selling a profitable preschool located in Denton County. The school has around 237 students enrolled and room for growth. The school services children from 6 weeks through school-age. The current owner does not work in the business.  The owner is selling to pursue other business interests.  Annualized revenues after seven (7) months of ownership are $1,678,523 and annualized Seller Discretionary Earnings are $489,641.  There is a full-time Director in place that runs the day-to-day operations.  The asking price includes the land, building, vans, furniture, fixtures and equipment as well as the goodwill of the center. They have a well-equipped school with experienced and knowledgeable staff.  The ideal buyer would have experience in the child care industry. This offering is structured as an asset sale.  This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file.  For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.

Listings ID:
1974
Employees:
34FT/5PT
Location:
Denton County
Inventory:
Included in Asking Price
Industry:
Preschool
FFE:
Included in Asking Price
Revenue:
$1,678,523
Seller's Discretionary Earnings:
$489,641
Real Estate:
Included in Asking Price
Building SQ FT:
12,047 +/-
Established:
2009
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Property Features