Listing Number: 2301-204659
Description
Polk County Preschool with real estate INCLUDED. Established over 46 years ago in 1976 and expanded with 2nd building in 2002. Grandfather Licensed for well over 120 children under 4,776 feet in 2 well-appointed buildings on almost one acre with plenty of shade trees. Director has worked at the center full-time for 22 years. She has been director since the current owners purchased 14 years ago, But the OB is recast as an owner/operator/director. The buildings are clean, neat, and in excellent condition with new roofs installed in August 2020 with a 50-year warranty! Owner decided it is time to retire which creates this unique opportunity. Very clean books and records. Other is for rent & Amortization. Seller may hold note to assist buyer in coming up with down payment. 2022 FINS are using Jan - Dec. Purchase may qualify for visa. Financial Recasting does not include: the $29,376 Grants in 2020; $53,076 Grants in 2021; $77,030 Grants in 2022. Seller works 10 hours a week doing paperwork and does not teach or work at the center.
Listing Details
- Price: $ 850,000
- Down Payment: $850,000
- Sellers Discretionary Earnings: $ 181,102
- Total Sales: $ 692,810
- Location: Polk County, Florida
- Inventory: $ 0
- FF&E: $ 95,000
- Employees: 11
- Year Established: 1976
- Reason for Selling: retire
- Category: Child Care
