UNDER AGREEMENT Group of Childcare Centers

Not Disclosed, MA
Worcester County


Asking Price: Annual Revenue:
$849,000 $1,309,354

Services: Children - Child Care, Education


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RE: UNDER AGREEMENT Group of Childcare Centers Broker: Karen
Owner Financing is Available!
$85,000 5% 5years.

Quick Facts

Asking Price: $849,000
Annual Revenue: $1,309,354
Net Profit: Not Disclosed
Cash Flow: $175,260
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 32
BBN Listing #: 43602849
Broker Reference #: 15665

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Business Overview:

You don't often see multiple childcare centers come up for sale. This is an opportunity to own multiple centers in a tight geographical area. Aggregate license size is over 300. This is an opportunity to instantly dominate this market with one acquisition.

Current time has definitely brought challenges to childcare. Centers have re-opened since July 1st and is in a stable position heading into fall. Massachusetts is doing an excellent job in managing the crisis and all news points to further expansion of the restrictions on child daycare that point to a strong future. The owner has been able to control costs and still create a profitable operation even with the restrictions. This bodes very well for the future and should expand profitability once things return completely to normal.

The real estate for one location is included in the asking price; the other locations have transferable leases in place.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

One location is included in asking price other locations are transferable leases.

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.

Documents:

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