Listing ID: 80405
Childcare is a 54-billion-dollar industry and should continue to have steady growth for the next 10 years.
This school has been in business for about 25 years under the same ownership with an awesome reputation. The facility is well designed and equipped for children ages infant through school-age. This well-maintained facility includes classrooms with bathrooms, a full-service kitchen, offices, and plenty of playground space and parking.
The center is licensed for over 269 students with a current enrollment of about 175 students. This center participates in the CAPS and CACFP programs.
The real estate is valued at over $2,000,000 and is included in the price.
This is a great turn-key opportunity consisting of real estate, furniture, fixtures, equipment, buses and highly trained teachers and staff.
Please email us to sign an NDA and Buyer Profile so we can share additional details about this great business.
- Asking Price: $3,300,000
- Cash Flow: $400,000
- Gross Revenue: $1,496,462
- EBITDA: N/A
- FF&E: N/A
- Inventory: $2,500
- Inventory Included: N/A
- Established: 1997
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:30
- Furniture, Fixtures and Equipment:N/A
The company was started in 1997, making the business 25 years old.
The deal shall not include inventory valued at $2,500*, which ins't included in the requested price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell operating businesses. Nevertheless, the genuine reason vs the one they tell you may be 2 totally different things. As an example, they might claim "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may simply be justifications to try to hide the reality of altering demographics, increased competition, recent decrease in earnings, or a variety of other reasons. This is why it is really important that you not rely absolutely on a seller's word, yet rather, use the vendor's solution together with your overall due diligence. This will repaint an extra reasonable picture of the business's current scenario.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can mean that profit margins are too small. Numerous businesses come under 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 take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be met or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location attract brand-new consumers? Often times, businesses have repeat customers, which create the core of their day-to-day earnings. Particular variables such as brand-new competitors growing up around the area, roadway construction, as well as staff turn over can influence repeat customers and negatively impact future incomes. One essential thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the better the possibility to construct a returning consumer base. A final idea is the basic location demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? Just how might the neighborhood average family earnings influence future earnings potential?