Childcare & Early Education Center - NE Cincinnati Suburb REDUCED!

Mason, OH (Warren County)

Seller Financing Available
Childcare & Early Education Center - NE Cincinnati Suburb REDUCED!

Asking Price:$245,000

Cash Flow:N/A

Gross Revenue:$615,435

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2000

Childcare & Early Education Center - NE Cincinnati Suburb REDUCED!

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Business Description

ASKING PRICE REDUCED from $295,000! Seller will consider financing a portion of the Purchase Price to a qualified buyer.

This well established childcare business was founded in January 2000. The center offers traditional childcare services, pre-school, before and after school care, chartered kindergarten, and summer camp for children ages six weeks through 4th grade. The center is very well designed to provide an efficient, educational, and entertaining environment.

INVESTMENT HIGHLIGHTS:

• Well established business – 15 years

• Excellent, very accessible location

• 10,500 Square foot facility, including a full commercial kitchen, was designed and built as a childcare cente

r• Licensed for 166 children with capacity for up to 180; current enrollment - 88

• Nine fully stocked and well equipped classrooms with web camera viewing

• Dedicated computer lab for children

• Experienced, dedicated and credentialed staff

• Excellent reputation

• Currently run absentee-owner; turn around opportunity for an active, hands-on owner-operator

• Annual revenues - $600,000+

• Excellent website

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
12 FT / 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,500 sf free-standing bldg. on 2 acres; 10 year lease w/5 yr renewals - $8,900/mo triple-net w/3% annual increases
Competition:
There are three other childcare facilities in the market area.
Growth & Expansion:
Currently run absentee-owner; a new hands-on owner/operator with a new marketing/advertising strategy should increase enrollment. Some facility upgrades could help.
Financing:
Some owner financing may be available to a qualified buyer.
Support & Training:
Owner will help during a mutually agreeable transition period.
Reason for Selling:
Owner is involved with another business out-of-state and is totally absentee fro
Business Website:
http://N/A

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Business Listed By:
Keate Partners Ltd

Keate Partners, Ltd.

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