Business Summary:
This top ranked preschool franchise is located in the Northwest suburbs of Philadelphia. Established 15 years ago and the last 8 with the current owner, it is licensed for 108 children that range from six weeks to six years. An experienced Executive Director and assistant director are already in place along with a dedicated and loving staff that offers a curriculum in science, math, reading, foreign language. art and music.
The facility on 1.26 acres is 6,720 square feet with 7 classrooms, two separate playgrounds, a security system with closed circuit TV and parking for 32 autos. In 2013 the school will attain a 3 Star rating by the state that will result in a much higher grant for staff and supplies.
Although this school has been impacted by the recession, it has been running around 70% capacity therefore providing more upside potential. New construction in the area is starting to pick up again thereby enhancing the opportunity for more enrollments. Buy low now as enrollments rebound to more normal levels.
The owners have priced the business below the cost of a new franchise. Plus you will have immediate cash flow versus the heavy cost of starting a new school from scratch. The owners are also selling the building because they are moving to Maryland. With the real estate included, the buyer will be able to get 25 year financing.
For more information, contact Bob Hanson the listing broker at (847) 605-1510 ext. 244 or email [email protected].
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