Private Childcare School with Real Estate in the Richmond Area

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Includes Prime Real Estate!
Asking Price:
$1,695,000

Gross Revenue:
$770,000
Cash Flow:
$260,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$50,000
included in asking price

Real Estate:
$1,300,000
included in asking price

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Business Description

Light & Raphael is pleased to offer for sale a well-established private childcare business in the Richmond area. Real estate is included in the purchase price. The business has strong ties to the community and a strong and committed staff.

SBA financing for qualified buyer.

About the Business

Year Established:
2005
Real Estate:
Owned
Building Sq. Ft.:
6,000
Facilities:
The land and buildings are assessed for approximately $1,300,000 and are located on 1.25 acres of prime real estate.
Market Outlook/
Competition:
The U.S. Bureau of Labor Statistics projects that day care businesses will have some of the fastest employment growth of all industries through 2020, and, according to new data from Sageworks, child day care businesses in the U.S. have consistently grown sales in recent years, even as many other industries struggled in the economic recession and subsequent recovery.
Growth & Expansion:
The school has excess capacity so there is upside potential for new owner. The business does minimal advertising.
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About the Sale

Reason For Selling:
Owners wish to pursue other business interests.
Training/Support:
Sellers will provide support and training following the sale.

Listing Info

ID:
1597994
Ad Detail Views:
0

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Business Listed by

Gavin Raphael

Light & Raphael

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U.S. Census Data for Virginia
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Source: Decennial Census (2010), United States Census Bureau.

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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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