Business Overview

A friendly, educational and nurturing environment for infants, toddlers, preschool, pre-K, kindergarten and before and after school care in the Pacific NW.
This preschool was started in 1994 by a retired schoolteacher. Since then, two other locations have been opened.
This business maintains an excellent reputation within the community and contracts with many businesses to provide care for events as well as multiple locations with childcare offering quality learning experiences. Known throughout the region for providing the highest quality of care and education for children.
Being owner operated we are better able to connect with the children and families to provide excellent customer service.

Financial

  • Asking Price: $750,000
  • Cash Flow: $300,000
  • Gross Revenue: $750,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $7,000
  • Inventory Included: N/A
  • Established: 1994

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:14
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

retirement

Additional Info

The venture was established in 1994, making the business 28 years old.
The sale won't include inventory valued at $7,000*, which ins't included in the requested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nevertheless, the real factor and the one they say to you may be 2 totally different things. As an example, they might state "I have too many other obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be justifications to try to hide the reality of altering demographics, increased competition, current decrease in earnings, or an array of various other reasons. This is why it is really important that you not count absolutely on a vendor's word, but instead, make use of the vendor's answer together with your overall due diligence. This will repaint a much more reasonable image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses finance loans so as to cover items like stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that profit margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that must be satisfied or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area draw in brand-new clients? Most times, operating businesses have repeat customers, which form the core of their daily profits. Certain elements such as brand-new competition growing up around the location, road construction, as well as staff turn over can influence repeat customers as well as negatively impact future earnings. One essential thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning customer base. A last thought is the basic location demographics. Is the business located in a densely populated city, or is it located on the edge of town? Exactly how might the neighborhood mean family earnings effect future revenue potential?