Great opportunity for experienced operator looking for second location

Asking Price$149,000

Cash Flow
Not Disclosed

EBITDA$20,500

Gross Revenue$383,000

Inventory$2,000
Included in asking price
FF&E$60,000
Included in asking price
Real Estate$550,000
Not included in asking price
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Great opportunity for experienced operator looking for second location


Asking Price$149,000

Cash Flow
Not Disclosed

EBITDA$20,500

Gross Revenue$383,000

Inventory$2,000
Included in asking price
FF&E$60,000
Included in asking price
Real Estate$550,000
Not included in asking price
Business Description
Very nice clean childcare center with good layout and huge outdoor space in a convenient location. An experienced operator/director could grow center with no problem.
About the Business
Years in Operation
8
Employees
10 (8 Full-time, 2 Part-time)
Facilities & Assets
Building was originally a Kinder Care building with 4,500 sq ft inside and 9,500 outside. Full kitchen, 4 bathrooms for classrooms, foyer, office and conference room.
Market Outlook / Competition
This particular neighborhood has less children than some regions but only 2 major competitors within several mile radius. Market is good and have several prospects calling for info each week with no marketing.
Opportunities for Growth
Growth Pros - was growing fairly rapidly pre-COVID and with basic marketing plenty of requests and area surrounding center is desirable for younger families due to Lindbergh schools.
Cons - Labor rates somewhat higher than average to attract and retain teachers.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
4,500
About the Sale
Seller Motivation
Family Obligations
Transition Support
Would be around and offer several weeks of training if desired.
Listing Info
ID
1839699
Listing Views
15

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Business Listed by: Jared Howe

Listing ID: 1839699 The information on this listing has been provided by either 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 full Terms of Use. Learn how to avoid scams.