Florida - ID #103  
Port Richey, FL Share
Florida - ID #103, Port Richey, FL
Price: $295,000
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Thriving Pre-School -- Price Reduced
Asking Price: $295,000 Gross Income: $281,500 Cash Flow: $129,633 FF&E: $56,750.00 Inventory: $14,500.00 Year Established: 2009 Employees: 5 This thriving pre-school was established in August 2009 and has been profitable from the start. The school has the complete package: great shopping center outparcel facility, new build-out inside with state-of-the-art classrooms, top notch teachers, state accreditation with outstanding inspection scores (most recent: 95% C.D.S., 100% V.P.K., 100% State), and excellent management that maintains the highest service levels while tightly controlling expenses. The 12.5 years remaining on the lease alone are worth over $150,000 in economic value versus today's market rents. In spite of all the positives, there is still room to grow revenues by over $200,000. A great opportunity for either an experienced pre-school educator or someone new-to-industry who would like to get started on the right foot. Lic. #C06PA0185 Outstanding 4855 square foot facility with low rent for 12.5 additional years. 29,278 vehicles per day pass in front of this shopping center outparcel facility. Great visibility, access, and parking (including covered drive-up). Multi family residences within walking distance. This lease alone has an economic rent value versus the market of over $150,000. Market is competitive, but this center stays at desired levels consistently due to an excellent reputation, convenient, top-notch facility and quality, degreed and certified instructors. Once parents visit, they sign on nearly 100% of the time. Growth/Expansion: License is for 58 students, but the building can accomodate 105. Classroom walls are portable and the entire interior of the facility can be reconfigured at any time to add classes. Two weeks turnover support at no cost to buyer