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Business For Sale
EARLY CHILDHOOD LEARNING CENTER
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Asking Price: |
$95,000
USD USA Dollars
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Business for Sale Industry: |
Services: Children
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Reason for Selling:
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Relocation |
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Year Established:
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2007 |
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# of Employees:
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8 Full Time / 5 Part Time |
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Yearly Revenues:
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$225,000 |
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Yearly Cash Flow:
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$35,000 |
Business for Sale Overview:
The owner of this mid Michigan area early childhood learning center had no more than settled into her new center when she learned that her husband has been transferred out of the area. The unfortunate result, an early sale of her business, could be your gain.
After only nine months of operation, this business already has 50 children enrolled with annualized sales pushing $250,000 and a mid five figure positive cash flow.
Operating out of an attractive 5,300 square feet facility which was built specifically to be an early childhood learning center, the business is on a major thoroughfare with easy in-out access. Open 6:00 AM – 6:00 PM, Monday – Friday both to maximize revenue and give the staff plenty of time on nights and weekends to spend with their families.
The building with a terrific contiguous and fenced in play areas hosts as many as 50 kids daily, well below the licensed capacity which means there is still a huge growth opportunity. There are specific, enriched areas for infants, toddlers, preschool, and school age (up to 12 years in age) children. The business has 13 employees, several of whom are teachers with CDA’s. The others, plus some part-time employees, are teacher aides.
This is not a franchise, so the new owner will not have any royalty payments to make. In addition, the favorable rent at $2,200 monthly is only about 11% of current revenues and figures to a very competitive $5 per square feet. The business is listed for only $95,000 which is less than .40x revenues, a terrific value in an industry where selling prices can approach 1.00x revenues.
Property Features and Assets:
5,280 square feet building.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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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