Reduced Price and Higher Earnings on Multiple Location Childcare Ctrs

OH

Reduced Price and Higher Earnings on Multiple Location Childcare Ctrs

Asking Price:$4,750,000

Cash Flow:$654,596

Gross Revenue:$3,125,676

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Real Estate:$3,300,000

Established:1958

Reduced Price and Higher Earnings on Multiple Location Childcare Ctrs

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Business Description

2016 has been a great year for this multiple location, non-franchise childcare business. The price has been reduced $150K and the projected earnings for 2016 are expected to rise by more than $75K over 2015. The price includes $3M in Real Estate. The business has a long history of providing quality child care and educational programs. This offering is perfect for a strategic buyer who has an interest in growing additional locations, or developing a franchise concept. Each location is licensed for 100 children ranging from infants through 11 years old, along with after school programs. The business is fully staffed, with Directors at each location and processes and procedures in place to make this turnkey business ready for a new owner to produce immediate profits. The Real Estate for the locations is included in the price.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
80
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
$654,596 Cash Flow includes mortgage payments on RE
Growth & Expansion:
Opportunities to expand to other local and regional markets
Financing:
Will consider to qualified buyer.
Support & Training:
Owner willing to train.
Reason for Selling:
Retirement.

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Roland Rapp

Business Listed By:
Roland Rapp

Sunbelt Business Advisors of Miami Valle

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Sponsoring Broker:
Gerry Chadwick, CBI

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