*DEAL PENDING* Childcare Center w/Real Estate in Middlesex County, MA

Middlesex County, MA

*DEAL PENDING* Childcare Center w/Real Estate in Middlesex County, MA
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Asking Price: $575,000

Cash Flow: $250,000

Gross Revenue: $800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $780,000*

Established: N/A

*not included in asking price.

*DEAL PENDING* Childcare Center w/Real Estate in Middlesex County, MA

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Business Description

**DEAL PENDING** popular, well-run center licensed for 104 children with expansion opportunities is available for sale! This is one of the most well-known centers in the area and serves children ages four weeks to school aged, through their popular before and after school programs. Fully enrolled, the center always runs a waitlist and does little marketing besides Facebook and their website. Sales have been consistently $800-900k per year, with an owner’s cash flow (non-Director) of nearly $250,000!

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Detailed Information

Location:
Middlesex County, MA
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
7 FT / 16 PT
Facilities:
This business is located in a setting convenient to several towns and on the school bus route, making transportation easy. Housed in a beautiful multi-story building, the center has a cozy feel but plenty of space for expansion for an additional 60 children! The property has been well-maintained, with many updates completed in 2015. The parking and playgrounds are sufficient for future expansion, and the property includes a kitchen area, spacious offices and flex space.
Growth & Expansion:
Tuition rates increased in 2019, and didn’t affect enrollment, so sales and cash flow should increase this year. Furthermore, there is capacity to add more programs as well as rent the facility for programs on the nights and weekends such as mommy and me classes, adult parenting seminars, kids cooking and yoga classes, etc. This would also raise awareness of the program to those who live locally but are not currently enrolled. There are additional spaces throughout the center that could be utilized, and a purchaser could potentially re-license the center to accommodate more children.
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(from currently available funds)
 
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Sarah Grossman

Business Listed By:
Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI

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