Early Learning and Care Facility with Prime RE!

Not Disclosed, Nova Scotia


Asking Price: Annual Revenue:
$1,950,000 $823,695

Services: Children - Child Care, Education


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RE: Early Learning and Care Facility with Prime RE! Broker: Mark Pothier

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $823,695
Net Profit: Not Disclosed
Cash Flow: $303,734
Total Debt: Not Disclosed
FF&E: $47,450
Real Estate: $1,701,200
Year Established: 2001
Employees: 16
BBN Listing #: 64864955
Broker Reference #: 9201-16375

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Business Overview:

Private early learning and care facility located in Nova Scotia, Canada, offering preschool, school age and day camp programs within a multi-level, multi-age, hands-on, play-based approach. The business includes commercial and residential properties with an estimated fair market value over $1.75 million. Programs are licensed under the Department of Education and Early Childhood Development with 100 spaces.

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Property Features and Assets:

The main facility is a contemporary place of learning with over 7,500 sf of finished area. There are 7 classrooms along with 10 washrooms a gym, large common area and a kitchen. The exterior playgrounds are extensive and offer exceptional education benefits to students. There is as well a modern residential administration building adjacent that also offers extensive grounds, classroom space, and is used occasionally as overflow space to the main facility. Assets = $1,779,903.

Market Competition and Expansion:

The Centre is primarily school age with a small preschool component. In the district there are two regulated care centers that primarily focus on primarily infant to preschool care with a smaller school age component. School Age programs also have competition from the local school based recreation program. Expansion opportunities would include: -Expanding age group for whom services are offered such as infants and toddlers. -Private school that utilizes a place-based learning philosophy such as Montessori. -Day home facility for youth at risk.

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.

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