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Established, Reputable & Growing Childcare Business

Baltimore County, MD

Seller Financing Available
Established, Reputable & Growing Childcare Business
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Asking Price: $1,300,000

Cash Flow: $438,760

Gross Revenue: $1,269,708

EBITDA: N/A

FF&E: $38,000

Inventory: $10,000

Rent: $14,076 /Month

Established: 2009

Established, Reputable & Growing Childcare Business

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Business Description

Excellent opportunity to own an established and reputable child care business that has been serving the Baltimore area for over 20 years. The center is situated nearby the Highway 695/Highway 70 interchange and has several prominent residential and commercial centers in a very close proximity to the business. The center itself is ideally located on a quiet street and wooded environment making it perfect for the children and 22 employees of the business. There is a total of 9 rooms in the center allowing for individualized attention and a lower pupil to teacher ratio. The center has a maximum capacity of 132 children and is currently fully enrolled.

The center is accredited by the NECPA (National Early Childhood Program Accreditation) and is also a Maryland Excels Level 5 Organization (a buyer will have to obtain Level 5 certifications). The center benefits from favorable population and demographics and has seen strong revenue and cash flow growth over the years. There is a new 5-year option on the current lease which can be picked up at the end of this year with the potential for an extended term to be negotiated so the next owner can have the security of a long-term lease if desired.

The owner has decided to retire after a long and successful career making this the perfect opportunity for a new owner to take over a consistently profitable enterprise that’s poised for continued growth. The childcare industry is one of the fastest growing markets today, so don’t miss out on this exceptional opportunity and contact us today to learn more!

Detailed Information

Location:
Baltimore County, MD
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
12/31/2019
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The childcare center is in a standalone building that was specifically built to suit. The building is a total of approx. 10,000 sq ft and leased for about $14,076/mo. with plenty of parking. It is located within a residential area, is walking distance to a school which is great for parents/children for before and after care, is very close to a major hospital and minutes from highway 695. There is a total of 9 classrooms, each with bathroom and door to the playground. The playground is completely fenced in with four play zones to include a separate fenced in play area for the kids that are 2 and under. The facility also has a kitchen, 2-adult bathrooms and private office.
Competition:
There is standard competition for the industry and market, but this center is long established, fully enrolled, and has a top reputation in the market.
Growth & Expansion:
The child care industry is growing as many families today rely on dual income and need a safe haven they can confidently entrust with their children. There is potential to grow this business into an even more lucrative operation or even leverage the respected brand name to open other centers in nearby markets.
Financing:
Seller is willing to provide financing based on the final purchase price and terms.
Support & Training:
Seller will provide necessary training and support.
Reason for Selling:
Owner is retiring.
Business Website:
http://www.horizonbrokers.com
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(from currently available funds)
 
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Dustin Zeher, CBI

Business Listed By:
Dustin Zeher

Horizon Business Brokers, LLC

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