Mar 10
18
Established Montessori School and Child Care 1-1121
This is an established Montessori School and child care located in the northern suburbs of the metro area. The Business began operations in 1994, the current owners have owned the business for the last 5 years. The Company offers three distinct services; a preschool program; half day and full day kindergarten, and 1st grade. In addition, an extended child care service is available to families currently enrolled. The center piece of the Montessori approach is allowing children to learn on their own while being guided by the teacher. . The demand for early education is at an all-time high, and that trend is poised to continue to expand in the future. Since its inception, The Business has steadily expanded both capacity and profits. To keep the offering consistent, the school is run year round, including the summer months of June, July and August. Enrollment has been over 80% capacity for most years. The current property is 7800 square feet and has a capacity for 70 pre-school and school aged students. Revenues have been consistent throughout the past 5 years. As the business is a school, a Monday-Friday work week is typical. Renewals and referrals account for most of the annual enrollments. The current owners are looking to semi-retire from the business. Employees: 3 full-time employees: 3 certified Montessori teachers and 3 who have their Minnesota Teaching License.
Listed By Agent: Dan Arcand
Industry: Service
Industry Segment: Service
Geography: Midwest > Minnesota
Asking Price: $350,000
Gross Revenue: $302,557
Annual SDE: $144,128
Value of Inventory: $750
FF & E: $20,000
Real Estate For Sale: Yes
Real Estate Listing Price: $500,000
Year Established: 1994
Franchise: No
Number of Employees FT/PT: FT: (3) PT: (7)
Reason for Selling: Retirement
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