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- RE: Fully Staffed Licensed Learning Center
- Contact: Rob Lohbeck
- License #: CBI, CEPA
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $211,013 | |
| Net Profit: | $43,955 | |
| Cash Flow: | $43,955 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $5,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 4 | |
| BBN Listing #: | 1018817 | |
| Broker Reference #: | 10072601.1 |
Business Overview:
An established, state-licensed early learning school in Cincinnati, west of I-75, is available for sale together with the building and land it owns. For more than two decades the school has prepared children, ages two and a half to five, for kindergarten in a small-class setting, and it has built its enrollment almost entirely on word of mouth and the trust of local families.
The owner is retiring and is willing to stay on through 2030 to make the handoff a smooth one. The school is licensed for just under 50 children, enrolls about 40, and has room in both the building and the staffing plan to grow. Families are already on an advance enrollment list for future years. The company owns the property, so a buyer would have no landlord and no lease to negotiate.
Click link for more details:Â NDA for Licensed Learning Center
Contact the Seller:
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Property Features and Assets:
The school operates from a single-story brick building that the company owns, set on a parcel of about 1.9 acres and approved for educational use under a certificate of occupancy.
At a market triple-net rent of about $8.50 per square foot, the building represents roughly $29,000 a year of rental value.Â
Market Competition and Expansion:
Marketing and Reputation
New families find the school through word of mouth and through teachers at four or five local parochial and private elementary schools, who recommend it at open houses and conferences. The school also benefits from steady organic web traffic, a Facebook page, and a private parent group, all at no cost. It currently spends nothing on advertising, which leaves a clear opportunity for a buyer who wants to market it actively.
Competitive Landscape
Competitors include national franchise centers and other local preschool and child care programs. The school is priced just below area franchise rates while paying its teachers above franchise averages. Licensed supply across the region is tight.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Ohio businesses for sale
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