Asking Price: $425,000 Gross Revenue: $289,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $40,000 included in asking priceReal Estate: $200,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Established in 1972, same owner since 1986. Owner is retirement age and wishes to sell business, real estate (2 parcels), all FF&E, including 14 passenger MFSAB. The licensing capacity was recently increased to 91, so the potential for revenue enhancement is real. There are currently 9 employees. The owner is the Administrator/Director. The center accepts PFCC and Private Pay, servicing Infants thru 12 year old School Age. The center is participating in SUTQ and is close to receiving Star #1. No advertising is used to attract customers. Children and grandchildren of former clients attend. Two school districts are served and area competition is minimal.
Seller will provide all training to new owner during the license transfer process.
To receive additional information, signing a Non-Disclosure Agreement is required.
Seller is willing to do OWNER FINANCING after review of buyer profile. Terms are negotiable depending on down payment.
About the Business
Number of Employees:
2 FTE & 7 PTE
Two parcels of real estate. Main parcel is 100' wide x 180' deep, building size 3700SF (exterior) and one story. Second parcel is 40' wide x 150' deep with a 25' x 30' garage. Parking lot exists between garage and main building. There is a total of 3 curb cuts for ingress and egress.
One smaller center is a couple of miles to the North and has had a few different owners. There is another 3 miles to the South opened less than 1 year operates only on Saturdays.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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