Business Overview

Award winning Private School (K-12) with Real Estate – Priced Together $1,500,000:

This multiple award-winning niche private school can be absentee run. The school is well positioned for growth by increasing tuition and through expansion onsite and with additional locations. Unique school stands alone among its competition because of the diverse population of students and offering classes from kindergarten through 12th grade. The school boasts a very low turnover with both students and staff. Owner works part-time in the business and has well trained staff that can run school in Owner’s absence. The owner is willing to remain after the sale in a part-time consulting position for a period of time, depending on buyer’s needs.

Financial

  • Asking Price: $1,500,000
  • Cash Flow: N/A
  • Gross Revenue: $569,279
  • EBITDA: $196,514
  • FF&E: $100,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1989

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:2,200
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

One story, 2,200 SQ FT converted house on ½ acre of land.

Is Support & Training Included:

Negotiable

Purpose For Selling:

Retirement

Additional Info

The company was founded in 1989, making the business 33 years old.

The business has 7 employees and is located in a building with estimated square footage of 2,200 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell operating businesses. Nonetheless, the genuine reason vs the one they say to you might be 2 absolutely different things. For instance, they might state "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be reasons to attempt to hide the reality of altering demographics, increased competitors, recent reduction in incomes, or a range of various other reasons. This is why it is extremely vital that you not depend totally on a seller's word, however rather, make use of the seller's solution in conjunction with your overall due diligence. This will repaint a much more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses take out loans in order to cover items such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that revenue margins are too thin. Many businesses fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that should be satisfied or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location attract brand-new customers? Often times, companies have repeat customers, which develop the core of their day-to-day revenues. Specific variables such as brand-new competition sprouting up around the location, road building and construction, as well as employee turnover can influence repeat customers as well as adversely impact future profits. One crucial thing to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the greater the possibility to construct a returning customer base. A last idea is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? How might the regional median household earnings effect future earnings prospects?