Large Established, Successful, Independent Day Care Center

Anne Arundel County, MD

Large Established, Successful, Independent Day Care Center
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Asking Price: $325,000

Cash Flow: $54,834

Gross Revenue: $1,258,498

EBITDA: N/A

FF&E: $100,000

Inventory: $1,500

Rent: $22,031 /Month

Established: 1999

Large Established, Successful, Independent Day Care Center

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Business Description

Large Established, Successful, Independent Day Care Center

This children's daycare center is licensed for 124 children and currently has 95 enrolled.
This Company is NAEYC Accredited, MSDE Accredited Preschool and has a Maryland EXCELS rating of Level 5.
The Center was established in 1999 and now the owners are ready to retire. The Center serves ages 2 months to 5 years.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,700
Lease Expiration:
N/A
Employees:
29
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease expires in 2025. There is 5720 square feet and the base rent is $22,031 thru 3-31-2020. The rent includes water, electric and sewer. CAM is approximately $200/month.
Competition:
There are other Daycare Centers in the aea. This particular independent Center is NAEYC accredited, MSDE accredited and has a Maryland EXCELS rating of level 5.
Support & Training:
4 weeks training included in the asking price. If additional time is needed then seller and buyer will need to agree on a "fee-for-service" term.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Sondra Yarbrough, ABI

Business Listed By:
Sondra Yarbrough

Baltimore Washington Buisness Brokerage

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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