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The Wall Street Journal Online

Unique, Successful Child Care Center

Poquoson, Virginia (Poquoson City County)

Photo Available
Asking Price:
$210,000
Gross Income:
$166,000
Cash Flow:
$62,000
EBITDA:
$25,000
FF&E:
$50,000 (plus 2 Vans) *
Inventory:
$15,000.00 *
Real Estate:
$1 3/4 Acres and Building *
Year Established:
1996
Employees:
4 ft 6pt
Business Types:
Educational Services
Social Services

* included in the asking price

Business Description

This Child Care Center is a very well established , successful day care center. It has been operating successfully for 16 years under the same ownership, and has many successful graduates, some of whom are back working in the center as aides or teachers themselves. Ages of the children range from infants to 12 years old
The basics of the Centers' Marketing Strategy has been to provide a family oriented atmosphere, and to provide outstanding Customer Service, and exceptional and friendly
and friendly Child Care.

Detailed Information

Facilities:
The Child Care Center is located in a very private area behind a busy shopping center in Poquoson. The building is 2,200 SF of space, divided into 5 classrooms. It is situated on almsost 2 Acres of property, with a large back yard filled with swings and other play activities for outdoor use of the children. This facility coud easily be turned into an office complex or Commercial Space for another type of business.
Competition:
There is one other Child care Center in town; However due to the unique style and presence of this Center, there is little or no crossover causing any real competition.
Growth/Expansion:
This Child Care Center is licensed for 62 children. It is possible to get a higher level license which could accomodate more children.
Financing:
Some financing available for qualified buyer
Support/Training:
The owners will provide full support and training to guarantee a successful transition.
Reason Selling:
Owners are retiring
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

George C. Norman
Prudential Towne Realty

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