Peter Pan School 3171 Mecartney Rd 4,769 SF Retail Building Alameda, CA 94502 $3,500,000 ($733.91/SF)

Peter Pan Academy, established in 2007, is a fully operational and profitable preschool located at 3171 Mecartney Rd, Alameda, CA. This boutique school offers a licensed capacity of 74 children, including infants and preschoolers, making it a trusted educational hub for families in a high-demand area. Conveniently situated in a high-barrier-to-entry market, the property and business are being sold together as a turnkey investment. With robust revenue growth and significant tuition rate upside compared to local competitors, Peter Pan Academy represents a rare opportunity for investors or operators seeking a foothold in Alameda's thriving education sector. Investment Highlights - Turnkey Opportunity: Fully operational preschool with an established client base and reputation since 2007. - Strong Revenue Growth: Demonstrated revenue of $1,162,047 in 2023, with continued growth into 2024. - High-Demand Market: Located in Alameda, CA, a high-barrier-to-entry area with a growing population and substantial household incomes. - Licensed Capacity: Accommodates 74 children, including 11 infants and 63 preschoolers (2-5 years old). - Real Estate Included: Sale includes a 4,200 sq. ft. facility with a 600 sq. ft. mezzanine on a 10,001 sq. ft. lot, combining business and property for $3,500,000. - Prime Demographics: Within a 1-mile radius, the average household income is $198,706, with a population of 5,856 under age 5, supporting strong demand for quality childcare. - Tuition Upside: Opportunities to increase tuition rates to align with or surpass local competitors, driving profitability.