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Sunbelt of Sacramento

Northern California Two Location Montessori Schools - Absentee Owner - Building And Land Included - Sc2188 For Sale

Northern California, California, US
Asking Price:
$6,500,000 Furniture / Fixtures included
Sales Revenue:
$1,900,000
Cash Flow:
$590,250

This Two Location Northern California based Montessori School is a California Sub-Chapter S Corporation that has been in operation for the past 33 years. They have two separate locations, each owned by the Seller and service from 18 months old to 6 years old. Both locations have won numerous awards as the best preschool in the area. They are a authentic Montessori pre-school. A Montessori school is an education environment that works by providing children with a respectful, nurturing atmosphere and a “hands-on” approach to learning. They offer advanced academic programs, individualized learning with low student-teacher ratio. This is truly an absentee owned business!

Between the two locations, they have approximately 165 students with a wait list of around 80-85 units. There is room for expansion, and with the appropriate licensing and staff you could go up to 8th grade to teach. Marketing is all through word of mouth. Increase digital marketing and advertising would greatly increase enrollment at these schools.
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: -------
Real Estate Description:
They operate out of two different locations. One location is 6,000 square feet and has a monthly rent of $7,200 per month. The other location is 3,400 square feet and monthly rent of $3,400 per month. There is also part of the sale a 4-acre parcel of land adjacent to one of the school locations.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: 10600
Owner worked hours per week: 2
Market Competition: The global early childhood education market size was worth around $249.38 Billion in 2022 and is predicted to grow to around $467.83 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.21% between 2023 and 2030.

Property Information

Real Estate:

Real Property Included

Size in square feet:
9,400

Business Operation

Reasons for selling:

The reason for selling is that the Sellers are looking to retire.

Employees:
Full Time: 26
Years established:
34

Other Information

Support & training:

The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Financing available:

Downpayment Required: -------

Furniture / Fixtures value:
$250,000 - included in the asking price