Listing ID: 78974

Business Overview

This highly successful Child Care Center has been operating since 1999 in a very AFFLUENT Coastal Community in Southern Maine. The center offers a full kitchen & bath, sleeping & activity areas and a completely fenced in outdoor area. Sales continue to grow in 2021 and a long waiting list after surviving the pandemic in previous years. If the new owner were to work the business full time, it would increase owners profits.
The owner would sell the real estate if new owner had interest to purchase. Prefect turn key situation!!!! *$54,000 SDE

Financial

  • Asking Price: $119,900
  • Cash Flow: $54,000
  • Gross Revenue: $129,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1999

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Very nice ground level facility

Is Support & Training Included:

Owner will help to have a smooth transition

Purpose For Selling:

Other interest

Pros and Cons:

Some of the competition has closed due to the pandemic.

Opportunities and Growth:

Lots of growth potential

Additional Info

The company was founded in 1999, making the business 23 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell operating businesses. Nevertheless, the true factor vs the one they tell you might be 2 completely different things. For instance, they may state "I have too many other commitments" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may just be justifications to attempt to conceal the reality of transforming demographics, increased competition, current decrease in profits, or a variety of other reasons. This is why it is very essential that you not count completely on a vendor's word, however rather, make use of the seller's solution together with your total due diligence. This will paint a more sensible picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Numerous companies finance loans so as to cover items like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that revenue margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be met or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new consumers? Many times, businesses have repeat clients, which develop the core of their daily earnings. Particular factors such as new competition growing up around the area, roadway construction, as well as personnel turnover can affect repeat clients as well as negatively influence future profits. One vital point to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business on a regular basis, the better the possibility to build a returning consumer base. A last idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? Exactly how might the regional average house income influence future revenue potential?