Listing ID: 83076
Have you been looking to buy an ESTABLISHED childcare center that actually makes MONEY?!! Would you like to OWN the property too?!! Are you wondering about funding? DON’T WORRY ANYMORE!1 ANN CARTER WILL HELP YOU QUICK AND EASILY!
This business is one of the fastest and most consistent businesses on the market. Childcare profits continue to increase year after to year. Many businesses suffered during COVID but many childcare businesses remained PROFITABLE!!
THIS BUSINESS HAS PROPERTY AND GOOD REVENUE. YOU SHOULD CALL ANN IF YOU WANT TO BUY OR IF YOU JUST WANT THE FUNDING TO BUY ONE -WE CAN HELP WITH THAT TOO!!
GIVE US A CALL TODAY AT 832-880-8370
- Asking Price: $2,500,000
- Cash Flow: $150,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2014
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:7,500
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
OWNER WILLING TO TRAIN
The business was started in 2014, making the business 8 years old.
The company has 8 employees and is situated in a building with disclosed square footage of 7,500 sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell companies. Nonetheless, the real factor and the one they tell you may be 2 entirely different things. For instance, they may claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might simply be reasons to attempt to hide the reality of transforming demographics, increased competition, current decrease in revenues, or a range of other factors. This is why it is really essential that you not count totally on a vendor's word, however instead, use the vendor's solution combined with your total due diligence. This will paint an extra realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Many businesses borrow money with the purpose of covering points such as inventory, payroll, accounts payable, etc. Remember that in some cases this can imply that revenue margins are too thin. Lots of businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that need to be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new clients? Most times, businesses have repeat customers, which develop the core of their everyday revenues. Specific factors such as brand-new competitors sprouting up around the location, road building and construction, and staff turn over can influence repeat customers and also adversely impact future revenues. One essential point to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the greater the possibility to construct a returning customer base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Exactly how might the local median home earnings impact future income potential?