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Quick Facts
Asking Price: | $190,000 | |
Annual Revenue: | $460,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $52,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1972 | |
Employees: | 14 | |
BBN Listing #: | 209230182 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
This childcare center has been around since 1972. It is licensed for 120 and currently has 93 enrolled. Revenues have been steady over the last 30 years and the owner is now ready to retire. The land and building may be available for purchase as well.
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Property Features and Assets:
5,800 square foot facility. Rent is $3,600/month. The building and land may be available for purchase as well. Support/Training: Owner will supply two weeks of on-site training at no charge.
Market Competition and Expansion:
Growth and Expansion: Current payroll is at 60% of revenues compared to industry average of 50%.
Reason for Selling:
Retiring.
Additional Details:
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