Listing Number: 2201-163158
Description
An opportunity to acquire a successful K-12 private school with included real estate in Central Florida. Owner is not an educator and owns & oversees this business from his home in another part of the state, devoting no more than 15 hours a week in an administrative role. Fully seasoned staff with principals, teachers and aides. All real estate is owned by the Seller and is included in the sale (the annual rent expense of $144,000 is paid to the owner’s real estate holding corporation and has been left in the cash flow as an expense of the business). Currently student enrollment is 154 students, operating at 83% occupancy of 185 students, see the full offering memorandum for a detailed discussion of the opportunity to increase enrollment and both the top and bottom line. Tax Return and CPA prepared financials, there is no cash income or expenses or “owner to prove”. SBA lender prequalified. A great opportunity for both the strategic Buyer seeking to grow market share with the acquisition of this well rounded and profitable private school as well as the family, first time investor in the education space. Seller will provide full training and transition and, further, will agree to an additional consulting period beyond the primary training and orientation at no additional expense to Buyer. This business should easily qualify for E-2 Investor Visa and has been pre-qualified for an SBA loan by a PLP lending bank. As this sale is very confidential and we ask that disclosed Buyers not visit the school property unless by scheduled pre-arranged appointment through listing Broker. Comprehensive Offering Memorandum available for approved and qualified Buyers detailing investment highlights, real estate details and 4 years of financials. ALL BUYER PROSPECTS TO PROVIDE A FINANCIAL STATEMENT OR SBA LOAN P.Q. LETTER FROM AN SBA PLP LENDER AND PROFESSIONAL RESUME OR C.V. AND BE APPROVED BY LISTING BROKER BEFORE DISCLOSURE.
Listing Details
- Price: $ 3,850,000
- Down Payment: $800,000
- Sellers Discretionary Earnings: $ 551,029
- Total Sales: $ 1,692,618
- Location: Orange County, Florida
- Inventory: $ 10,000
- FF&E: $ 100,000
- Employees: 33
- Year Established: 2014
- Reason for Selling: True Retirement
- Category: Educational/School
