Business Overview:
Voted #1 in the City!! Licensed for 12 months to 12 Years Old Each Center; 280 plus children total. Beautiful, spacious centers with lots of natural light; built specifically as child care facilities in 1998 and 1999. Great reputation, heavy emphasis on education/curriculum, receives many referrals from governing agency. Participates in the USDA Food Program and the Washington Wage Ladder Program. Facilities: One center 8,300 Square Feet total with 8 classrooms and 12 bathrooms, large 12,780 Square Feet fenced playground, commercial-grade kitchen, and 39 on-site parking stalls. The other center is 6,550 Square Feet total with 7 classrooms and 7 bathrooms, large 13,321 Square Feet fenced playground, commercial-grade kitchen and 34 on-site parking stalls. 2008 Gross Revenue: $1,589,988 2008 Adjusted Net Earnings: $294,683 Offering: Business Only both centers: includes furniture/fixtures/equipment, trade name, and vehicles. Selling Price: $995,000 Terms: Seller Carry with Minimum $550,000 Down Payment, Interest Rate and Payout Negotiable, Subject to Approval. Facilities Lease; Will Go 10 Years with 3% escalator per year; $7,000 per month NNN one center, the other $6,000 per month NNN. Significant tax savings available; one center is located in an “enterprise zone.”
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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