Seller's Contact Information
- RE: Quality Learning Center Priced For Quick Sale
- Contact: Paul Holveck
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | $395,728 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $94,830 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 32 | |
Employees: | Not Disclosed | |
BBN Listing #: | 47072979 | |
Broker Reference #: | 7504PH |
Business Overview:
This is a great opportunity to own a well-established (31yrs), highly rated Bucks County non franchised learning center. Located in an upper-moderate neighborhood, it enjoys an excellent reputation and is one of the few private centers with a 2 Star Rating from the State. It is licensed for 73, ages 6 weeks to age 13. 75 were enrolled before closing due to Covid 19 with 49 currently enrolled and growing to 54 by March.
The building is 4,000 sqft with 6 classrooms, office, full kitchen & outdoor playground with an above ground swimming pool. Services include infants thru kindergarten, pre & aftercare with bus service, & summer camp. There is no public Pre-K option in the town which ensures consistent Pre-K enrollment in the future. The center teaches the same kindergarten subjects as the public schools and is preferred by parents in the surrounding area. They have an excellent warm and nurturing staff with many that are long-term and with college degrees. The lease renews yearly with no rent increases.
The motivated owners want to retire and have substantially reduced the price, looking for a quick sale. To ensure a successful transition they will provide two weeks of on-site training to assist the new owners. The financials are based on tax returns for the last three years and the cash flow assumes a full-time owner-operator.
The business is now offered at 165,000. For more details call Paul Holveck at Executive Business Brokers, 732-266-8136
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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