Business Overview

Preschool and Childcare centers are the foundational building block in the
development of a child’s ability to grow mentally, socially and physically. A storied
institution with educated, certified and caring staff is available for sale. Their long history of serving the community by preparing and caring for children has made them a preferred provider.
The operation is licensed for 70 children in the current location. The sellers would
consider selling the property along with the business, but are also open to selling just the business and coming to a mutually agreeable lease arrangement on the real estate with the opportunity for the buyer to possibly purchase the real estate at a future date.
The sellers have crafted a strong reputation and remained profitable due impart to their passionate and skilled team. You can connect, contribute and enhance a wonderful community while impacting young lives at the most important time of their lives with this turn key, successful, business opportunity.

Financial

  • Asking Price: $650,000
  • Cash Flow: N/A
  • Gross Revenue: $288,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1996

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:3,440
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Well maintained 3400 sq ft building.

Is Support & Training Included:

Owner will assist in a smooth transition.

Purpose For Selling:

Retirement

Additional Info

The venture was founded in 1996, making the business 26 years old.

The business has 10 employees and is situated in a building with approx. square footage of 3,440 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell companies. Nonetheless, the genuine reason vs the one they tell you may be 2 totally different things. For instance, they might state "I have a lot of other commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might simply be justifications to attempt to hide the reality of altering demographics, increased competitors, current reduction in earnings, or a variety of various other factors. This is why it is really important that you not count totally on a vendor's word, but rather, make use of the vendor's solution combined with your general due diligence. This will paint a more sensible picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering things such as inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that profit margins are too small. Many companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that need to be satisfied or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract new clients? Most times, businesses have repeat customers, which form the core of their everyday revenues. Specific variables such as new competition growing up around the location, road construction, as well as personnel turnover can affect repeat clients as well as adversely influence future revenues. One essential thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the better the chance to develop a returning customer base. A final thought is the basic location demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? How might the neighborhood average family earnings effect future revenue prospects?