Child Day Care/Preschool - Absentee Owner

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Rare opportunity to own a profitable, established child care center in a fast gr
Asking Price:
$395,000

Gross Revenue:
$560,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Great fit for a new entrant into the child day care sector, existing child care and/or preschool provider, or as an investment. Well-known and well-recognized name in child day care and Preschool for 12 years. The business model is to educate and nurture each child from birth through Preschool through individualized plans for development. There’s only been 1 vacant spot since inception. They have a waiting list that’s never empty, charging $75.00 for placement on the list. The owner’s duties are solely bookkeeping. The well-rounded Staff includes Licensed Director, Preschool Teacher, 2 Toddler Teachers, 1 Facilitator, Infant/Toddler Teacher, 1 Floater, and 3 on-staff designated Substitutes. There are 30-40 full time/part time families, of which 10% have 2 children attending. The current building owner is willing to expand the facility into an adjacent vacant lot to accommodate growth. Contact us for more details.

About the Business

Year Established:
2007
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
6,055
Rent:
$5,200.00 Per Month
Lease Expiration:
7/30/2025
Facilities:
This is a free standing building on a 19,950 sq ft lot. Outdoor play area equipment was replaced in 2018. This is well equipped, well maintained facility with Child Day Care and Preschool activities in mind.
Market Outlook/
Competition:
The business is located in a high density population area of Denver. Currently there are over 100 on their waiting list, comprised of infants, toddlers, and preschool students.
Growth & Expansion:
Current building owner is willing to expand the facility into the adjacent empty lot to accommodate growth. This is a trendy, high growth/redevelopment area of Denver. In 2018, 195 units were added to the community comprised of condos and row-houses. An additional 320 units comprised of condos and affordable housing is in the planning stage..
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About the Sale

Training/Support:
Seller will train and familiarize the next owner for a long enough period of time to cause a smooth and seamless transfer of ownership

Listing Info

ID:
1625047
Ad Detail Views:
0

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Business Listed by

Bernard A. Cicirello

Denver Business Brokers
License# EI40015009

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U.S. Census Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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