Business Overview:
Large "Class A" commercial childcare with Preschool and Pre-Kindergarten. Located in suburban area with many parents commuting to Seattle; convenient, easy access to and from the center. Licensed for 90 plus; infants through 12 years old. Private pay 35%/State Pay 65%. Facility: Approximately 5,000 Square Feet plus playground area, ample parking. Lease has 2 1/2 years left with one 5-year option to renew. Currently $7,600 per month NNN. To help new owner/lessee, landlord willing to talk about lowering base rent. 2008 Gross Revenue: $396,407 2008 Adjusted Net Earnings: $65,417 Offering: Business Only; Includes Accounts, $85,000 in Furniture, Fixtures, Equipment and Vehicles, plus $40,000 in Leasehold Improvements/Build-out. Selling Price: $175,000 Terms: Cash out. Sweet business for a new operator.
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:
Burnout
Additional Details:
- The property is leased.
- 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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