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Childcare/Preschool - 2 Centers 280+ Kids

Washington

Services - Educational Services | Services - Social Services

Asking Price $995,000 Inventory  
Gross Income $1,589,988 Real Estate  
Cash Flow $294,683 Year Established 1998
FF&E N/A Employees 30+

* included in the asking price

** not included in the asking price

Voted #1 in the City!!! Licensed for 12 months to 12 Years Old Each Center; 280+ children total. Beautiful, spacious centers with lots of natural light; built specifically as child care facilities in 1998 and 1999. Great reputation, heavy emphasis on education/curriculum, receives many referrals from governing agency. Participates in the USDA Food Program and the Washington Wage Ladder Program. Facilities: One center 8,300 SF total with 8 classrooms and 12 bathrooms, large 12,780 SF fenced playground, commercial-grade kitchen, and 39 on-site parking stalls. The other center is 6,550 SF total with 7 classrooms and 7 bathrooms, large 13,321 SF fenced playground, commercial-grade kitchen and 34 on-site parking stalls. 2008 Gross Revenue: $1,589,988 2008 Adjusted Net Earnings: $294,683 Offering: Business Only both centers: includes furniture/fixtures/equipment, trade name, and vehicles. Selling Price: $995,000 Terms: Seller Carry with Minimum $550,000 Down Payment, Interest Rate and Payout Negotiable, Subject to Approval. Facilities Lease; Will Go 10 Years with 3% escalator per year; $7,000/month NNN one center, the other $6,000/month NNN. Significant tax savings available; one center is located in an enterprise zone.

Support/Training: Negotiable Training.

Reason Selling: Retirement

Business For Sale By

Brian Wilson

(509) 624-3221

Banbury, Inc.

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