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RE:  Fully Occupied Childcare/Preschool Business Contact:  Bill Oelrich

Quick Facts

Asking Price: $360,000
Annual Revenue: $606,266
Net Profit: Not Disclosed
Cash Flow: $147,299
Total Debt: Not Disclosed
FF&E: 13,050
Real Estate: Not Disclosed
Year Established: 2018
Employees: 20
BBN Listing #: 926128483
Broker Reference #: 11507 BO

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Business Overview:

Fully occupied child care business for sale. Owner works limited hours to maintain business. Strong staff in place. Newer facilities and FF&E. There are two (2) locations associated with the business. Both locations are on month-to-month leases. Tuition was recently increased by approximately 10% and is not reflected in the projected adjusted net. Both locations are at maximum capacity. Attractively Priced at $360K. For more information, please contact Bill Oelrich.

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Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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OFFERINGBeautiful and remodeled preschool and childcare business with real estate available for immediate sale. This well-established business in the community has been owned and operated since 2006. They have a long-standing reputation for maintaining the highest standards in early childhood education while consistently seeing growth throughout the years.BUSINESS DESCRIPTION* High-demand Preschool with excellent reputation!* Great Location (part of MN 7 Metro Counties)* Real Property Included (More than 5,000 Sq Ft)* Very large outdoor playground* Total Acres 0.63* 56 children (licensed for 68)* 12 employees, very low turnover in critical positions * High demand with a waiting list * Room to raise prices compared to competition * 5-star Google Reviews* Website, marketing, recruiting, and business software includedINDUSTRY & COMPANY TRENDS* Industry Forecast Sales for the US childcare centers are forecast to grow at a 6.45% compounded annual rate from 2021 to 2026, faster than the growth of the overall economy (1).* Steady Growth for Key Demographic. The population of children aged 5 and under is projected to grow at a steady rate for the next decade driving increasing demand for preschool and childcare services. High quality, affordable early education services are critical for dual-income families and single parents. Almost two thirds of mothers with children under age 6 are in the workforce. The need for preschool and childcare has been steady or increased as being ready for kindergarten is seen as critical and not optional.High-Quality early education is a hallmark of this business offering.* Growth in per capita disposable income is expected to benefit the industry as preschool services are likely to remain in high demand. The state regulations have defined preschool and child care as a critical service. The school did not need to shut down during the pandemic. Its client base is dual income families and single mothers who must work, many in critical services as defined by the state. Clients stay with the school for years (often for 5 years) to the extent it is possible based on their situation. As a first-tier suburban city of St. Paul, is a very attractive location for raising families and a magnet for government jobs.(1) Vertical IQReal Property and Business Assets offered at $950,000Contact Sean Carey, Broker orYoung Bebus, Principal Broker

Cash Flow $154,705
Revenue $706,040

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