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Established & Profitable Daycare in Baltimore County

Owings Mills, MD (Baltimore County)

Seller Financing Available
Established & Profitable Daycare in Baltimore County
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Asking Price: $575,000

Cash Flow: $253,964

Gross Revenue: $1,232,080

EBITDA: N/A

FF&E: $308,750

Inventory: $1,000

Rent: $15,000 /Month

Established: 2002

Established & Profitable Daycare in Baltimore County

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Business Description

Excellent opportunity to own an established, high quality, parent orientated, and nurturing childcare and early learning development center staffed with experienced professionals. The highly trained staff provides educational activities and developmental guidance to children while staying tied to the community. The center has been an industry leader since 2002 and is located in the Owings Mills area of Baltimore County, Maryland.

The center is licensed for a total of 143 children with only 122 currently enrolled. Services include child development programs designed to offer a warm, supportive, and stimulating setting where each child is treasured as an individual. The organizational structure is configured to provide a caring and nurturing environment centered around the children. The day care center is licensed by the Maryland State Department of Education, Baltimore County, Office of Child Care.

Since its founding, the core focus is to make sure each child is given personal attention and care that they deserve. Thus, providing all well-balanced meals daily, hiring highly qualified staff and keeping at minimum two staff in each classroom which facilitates that ambience. The center has shown impressive and stable revenue and cash flow numbers over the past several years. The owner and founder has been with the business since the start, but is moving out of state and that has prompted the desire to sell. The childcare industry is growing rapidly nationwide and we don’t expect this opportunity to last long!

Detailed Information

Location:
Owings Mills, MD
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,335
Lease Expiration:
11/30/2019
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The center occupies a 10,335 sq ft space which is leased for approx. $15,000/mo that has 11 classrooms (with restrooms in each classroom), 2 offices, 1 commercial kitchen, 3 kitchenettes (in 4 classrooms), employee lounge, lobby/reception area, gated outdoor play area with rubber mulch and a 15-passenger van.
Competition:
There is standard competition for the industry and market, but this business has been established for over 15 years and benefits from its reputation in the area.
Growth & Expansion:
The child care industry is growing as many families today rely on dual incomes and need a haven they can entrust with their children. Current enrollment is ~20 pupils below capacity, so there is room for immediate growth and expansion with no major changes to the facility.
Financing:
Available depending on the final purchase price, terms and qualifications of buyer.
Support & Training:
Owner is willing to provide necessary training and support.
Reason for Selling:
Owner is moving out of the state.
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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