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- RE: Quality Daycare With Growth Potential
- Contact: Paul Holveck
Quick Facts
Asking Price: | $1,000,000 | |
Annual Revenue: | $1,159,559 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $291,194 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | Not Disclosed | |
BBN Listing #: | 987814 | |
Broker Reference #: | 9870PH |
Business Overview:
This is a great opportunity for an experienced childcare professional to own a well-established (29 yrs) Montgomery County non-franchised daycare center with an excellent reputation. A stand-alone building, located on a main road with easy access and parking for drop-off. The 2 story, 8,500 sqft facility is very well maintained with 9 classrooms, all with cameras, office, staff room, full kitchen, and large outdoor playground. Recent upgrades include new playground equipment, three new air conditioning units, and a new roof.
Services include Infants-Kindergarten Care, After Care & Summer Camp. A new Ford 9 passenger Van was recently purchased valued at $65k for pickup and delivery. The staff of 13 all work full time and includes a very experienced Director (29yrs) with a Masters Degree. Some teachers with Bachelor Degrees. Licensed for 132, with around 70 enrolled during the year, 25 state supported.
There was consistent revenue and cash flow over the last two years. The Center is situated on a 1.5-acre property, which is owned by the seller. The seller will provide a 10 yr lease at market rent.
After 39 years in the business, the owner is retiring. Owner looking for experienced daycare professionals to continue the growth. Business is offered at $1,000,000. A bank has reviewed the financials and has preapproved a business loan for a qualified buyer.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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