Large Preschool; Lic 125; 3 Star Quality First w/Low Rent

Asking Price$215,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$25,000
Included in asking price
FF&E$150,000
Included in asking price
listing imageSave

Large Preschool; Lic 125; 3 Star Quality First w/Low Rent


Asking Price$215,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$25,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
Large, spacious childcare & preschool center in Glendale ready to thrive under new ownership. Licensed for 125 and situated in a nice and dense area of Glendale, the infrastructure is in place for your immediate and longer term success. Contracts are established with Licensing, DES, CACFP, Quality First and United Way. The center is well run, and it's Three Star Quality First rating means that you benefit from enhanced DES rates rates right away. United Way scholarships are in place, pulling in even more families. The center is not yet profitable at current enrollment, but is growing, and the existing students (~30) and teachers (~5) offer a strong base with which to start. Owner is 100% absentee; the experienced director is open to either staying on to assist a new owner or in facilitating a smooth transition as she steps away.
About the Business
Years in Operation
9
Employees
6 (5 Full-time, 1 Part-time)
Facilities & Assets
Modern, spacious 5,000sf facility
Market Outlook / Competition
Dense area of Glendale is filled with families
Opportunities for Growth
Operations are strong: center is consistently star-rated with Quality First and current families are happy. New owner should prioritize not just running the center, but 'getting the word out' by leveraging current happy families and with events / marketing that draw people in.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$4,600.00 per month
Lease Expiration
10/31/2032
About the Sale
Seller Motivation
Owner is out of state and focusing on local opportunities
Transition Support
Owner is absentee; Director to stay on and/or assist with transition
Financing Options
Modest Seller Financing for Right Buyer
Listing Info
ID
2458877
Listing Views
5

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Owner

Listing ID: 2458877 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.