Profitable Child Care Facility in Tidewater Virgin

Not Disclosed, VA

Asking Price: Annual Revenue:
$275,000 $477,664

Services: Children - Child Care, Education

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RE: Profitable Child Care Facility in Tidewater Virgin Broker: Michael Metzger

Quick Facts

Asking Price: $275,000
Annual Revenue: $477,664
Net Profit: Not Disclosed
Cash Flow: $140,347
Total Debt: Not Disclosed
FF&E: $54,491
Real Estate: Not Disclosed
Year Established: 2005
Employees: 20
BBN Listing #: 61704955
Broker Reference #: 2006-15110

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Business Overview:

Located in the beautiful Tidewater Virginia region, this local daycare facility serves about 85 children from 6 weeks to age 12 (currently licensed for 96 but chooses to limit enrollment). The purpose-built facility allows for the separation of children by age group to optimize play and learning. With about a 50/50 mix of private pay vs. subsidized students, this business is able to serve the needs of the entire community and currently has a waiting list for new clients. This is NOT a franchise - company was built from the ground up to fill a gap in the local area. The experienced FT and PT staff focuses on child development through education and nurturing.

4-year average Sellers Discretionary Earnings - $94,000

**UPDATE - This facility has been able to remain open during the COVID 19 pandemic and reduced enrollments have been offset by grants and PPP funding. Demand remains strong and enrollments are increasing. Long-term outlook is very positive.

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Property Features and Assets:

This 3,468 square feet facility is located on just over 2 acres and provides ample room for kids to play outside. Plenty of parking and great central location. Facility includes separate infant room, full kitchen, and administration space. Property is not included in sale price but is available for sale at $525,000. Property sale will be represented by KW Commercial. Assets=$72,184

Market Competition and Expansion:

The current owners do very little marketing. Most new clients are referred by existing clients. There is HUGE demand for quality childcare in this area and very little competition. The business is currently licensed for 96 children based on the square footage of the facility. There is ample land to expand the current facility to accommodate more.

Reason for Selling:

Owners are retiring.

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.

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