Preschool & Kindergarten: Profitable-Established-Turnkey-Full Staff

North Hills, CA (Los Angeles County)

Seller Financing Available
Preschool & Kindergarten: Profitable-Established-Turnkey-Full Staff
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Asking Price: $700,000

Cash Flow: $282,352

Gross Revenue: $752,637

EBITDA: $282,352

FF&E: $400,000

Inventory: $5,000

Rent: $10,500 per Month

Established: 1999

Preschool & Kindergarten: Profitable-Established-Turnkey-Full Staff

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Business Description

OWNER ABSENTEE RUN!!

RECESSION & PANDEMIC PROOF!!!

CONSIDERED ESSENTIAL BUSINESS, BY STATE OF CALIFORNIA!!!

MONEY MAKER!!!

OWNER ABSENTEE RUN!!!

Seller Is Motivated, Moving Out Of California, Price Was Just Reduced From Original $1,200,000 To New Sell Price Of $700,000, Its $500,000 Price Reduction!!!
Seller Is Moving Out Of C alifornia.

School Have Been Just Reopened, After COVID 19 Shut Down, With At Least Half Of Children Returning!!!

This Amazing, "First Class", Well Established, Real Turnkey, Fully Staffed, Colorful And Inviting, Preschool/Elementary/Toddler, Is Licensed By Department Of Social Services State Of California, AS DAY CARE CENTER, With The Capacity For 138 Children Ages Two (2) Throughout Entry Into First Grade!

Current Ownership Did Absolutely Incredible Job, To Make Sure That ALL Kids, Their Parents And Their Excellent School Staff, Feel Pretty Comfortable, In That Amazing Surrounding.

There Are Seven (7) Different Theme, Playgrounds For Kids Of Different Ages, ALL School Equipment Is A State Of The Art!!!

PRE-COVID 19, School Enrollment was 82 Children, Going Up Every Day, With Another 12 Pending Applications, With Enrollment Fees Paid!

With 138 Capacity, This School Employed Teachers, Program Director, Cook And Janitor/Maintenance Person, ALL Full Timers. The Entire Staff Would Like To Stay On, And Work For New Ownership.

All Financial Information Will be Made Available To Well Qualified Buyer, After Interview With Seller.

Proof Of Liquid Fund, In The Amount Of At List $500K Is A MUST!!!

SELLER'S FINANCING IS AVAILABLE, FOR THE REMAINING BALANCE OF $350K

Detailed Information

Location:
North Hills, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,800
Lease Expiration:
12/31/2026
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Amazing, "First Class" Facility, Is Sitting on 18,000 Lot. The Building Itself Is 7800 Sq Ft, Was Totally Renovated, Refurbished , Remodeled And Redesigned, In January of 2018. All Classrooms (8) And Playgrounds (7) Are Large, Colorful And Inviting. Large Parking Lot For 12 Cars, Right In Front Of The Building, With The Circle Driveway. Large Commercial Kitchen, Fully Equipped With Latest Major Appliances, According To The Latest Requirements By The State Of California.
Competition:
Competition Is Limited, Their Are More Kids, Then Schools, Especially In The Immediate Neighborhood.
Growth & Expansion:
This School Has A License To Grow, With The Capacity For 138 Kids. Very Low Rent, For 7800 SF, Only $11,500 Including NNN!!!
Financing:
$500K Down-Balance $350K 6 yr Fully Amortized
Support & Training:
4 Weeks, 15 Hours Per. Seller's Financing Is Also Available, With $400,000 Down Payment, Remining Balance Of $300K Is Amortized Over 6 Yr.
Reason for Selling:
Moving Out Of State
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Alexander Neyman

Business Listed By:
Alexander Neyman

Alexander Neyman

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