| Asking Price |
$491,600 | Inventory |
na* |
|---|---|---|---|
| Gross Income |
$97,595 | Real Estate |
$470,000* |
| Cash Flow |
-$5,251 | Year Established | N/A |
| FF&E |
$54,078* | Employees | N/A |
* included in the asking price
** not included in the asking price
*Sellers have very recently (6-26-09) received a new real estate appraisal for this property. Sellers were shocked at the surprisingly low figure received from third-party appraiser; however, sellers have chosen to move forward with the sale of this property and operating business. *Facility has great curb appeal and above average amenities. *Based on current enrollment figures (6-17-09), the center needs one more child to move into positive cash flow for current owners and approximately seven children to cover the mortgage cost and show profit for a buyer financing the purchase under the terms stated in this ad. *Greater detail provided to qualified buyers via the complete BFS portfolio.
Facilities: All assets necesary to operate a professional, commercial childcare center are included in the asking price.
Competition: Center has become eligible for funding by the Federal Food Program, but current management has not enrolled in the program and does not receive these additional funds in spite of availability. Should buyer choose to become owner and assume the position of Director of the center, then payroll costs could be reduced by more than $20,000 annually.
Growth/Expansion: Center has enough licensed capacity to allow a new, more involved owner to more than double enrollment.
Financing: Lender financing available: 10% down, 25 year term and 6.25% interest.
Support/Training: Seller will provide all necessary training during the transitional period. Non-owner, employee director currently manages the center.
Reason Selling: Retirement

Brad Barnett
800-467-1774
BFS
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The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

