Listing ID: 83070
Business Overview
FINALLY! A DAYCARE ON THE MARKET THAT HAS ALL YOU NEED. CALL TODAY FOR ADDITIONAL INFORMATION. THIS CENTER IS FULLY READY AND CURRENTLY ENROLLMENT HAS BEEN INCREASING DAILY. IT’S AN EXCITING TIME TO OWN YOUR VERY OWN CHILDCARE CENTER.
1. CAPACITY …………..100+
2. ENROLLMENT ………* Over 60%
3. DIRECTOR…………….* YES eager to stay on board
4. STAFF…………………..*Fully Staffed
5.PROFITS………………..* YES profitable
6.TRANSPORTATION…….*YES comes with transportation
7. NCI………………………..*YES
8. FOOD PROGRAM………*YES
9.PLAYGROUND……………*YES VERY NICE * SPACIOUS
10. YEARS IN BUSINESS……..OVER 10
11. E2 READY…………………..YES WILL QUALIFY YOU FOR E2 VISA
12. FINANCIALS……………….*YES ready to show if you’re ready to buy!
13. EQUIPMENT………………*FULLY FURNISHED
14. WEBSITE…………………. *YES
15. TRAINING………………….*YES OWNER WILL TRAIN YOU IF NEEDED
16. GOODWILL………………* ESTABLISHED
17. KIDS LOVE THIS PLACE……….*YES
18. AREA……………………….Surrounded by apartments and businesses
19. On the Market……………AVAILABLE but not for long
20. RENT………………………. Below Market value with Options to Renew
Financial
- Asking Price: $160,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Great well established childcare center with low cost rent and long term lease available.
Yes OWNER willing to personally show you the ends and outs of the business and ways to increase enrollment in which he had no time to do.
Owns many other centers and wants to free his time up more
Additional Info
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell companies. However, the true factor vs the one they tell you might be 2 completely different things. As an example, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competitors, recent decrease in revenues, or an array of various other factors. This is why it is really vital that you not depend absolutely on a seller's word, however instead, utilize the vendor's response along with your total due diligence. This will paint a much more realistic picture of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Many companies finance loans so as to cover points such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that profit margins are too thin. Lots of organisations 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 equipment or the structure where the business resides. The business might have existing agreements with suppliers that need to be fulfilled or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in new consumers? Most times, operating businesses have repeat consumers, which create the core of their daily revenues. Certain elements such as new competitors sprouting up around the location, roadway building, and personnel turn over can impact repeat customers and also adversely influence future profits. One crucial point to think about 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 regularly, the greater the possibility to develop a returning customer base. A final thought is the basic area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Exactly how might the local average home income effect future revenue potential?