Asking Price $6,221,064

Two Large Profitable Preschools in Denton County #1976

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We are selling two large, profitable preschools located in Denton County. One school has 237 students enrolled and the other has 124 and both have room for growth. The schools educate 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.  There is a full time Director in each school 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.  Annualized revenues after seven (7) months of ownership combined for both schools are $2,681,307 and annualized Seller Discretionary Earnings are $768,609.  This is an ideal buy for large child care centers looking to expand in this growing marketplace. 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:
1976
Employees:
57FT/6PT
Location:
Denton County
Inventory:
Included in Asking Price
Industry:
Preschool
FFE:
Included in Asking Price
Revenue:
$2,681,307
Seller's Discretionary Earnings:
$768,609
Real Estate:
Included in Asking Price
Building SQ FT:
12,047 +/- 8,880 +/-
Established:
2001
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