Licensed Child Care Center

Reno, NV (Washoe County)

Seller Financing Available
Licensed Child Care Center
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Asking Price: $350,000

Cash Flow: $118,329

Gross Revenue: $1,103,473

EBITDA: N/A

FF&E: $96,025

Inventory: N/A

Established: 2008

Licensed Child Care Center

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Business Description

This 10-year-old Child Care Center has a strong reputation for its commitment to educating young children and maintaining positive relationships with parents. This is one of the many reasons they have had an enrollment waiting list since two months after they opened! The Center has been recognized for helping the kids stay healthy and active. They are licensed for 185 students. The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Detailed Information

Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,000 sf (approximately) Building in a nice neighborhood with easy access.
Competition:
This Center is easy to access, and has an Open Door Policy. In their 10 years in business, they have “kept their noses clean,” having never been cited by Social Services for any sort of violation. A new Owner could continue this positive commitment to childcare.
Growth & Expansion:
There is a shortage of childcare services in the area, and the Center’s reputation has solidified its place as a leading institution of its kind. The Reno/Sparks and Carson City area are experiencing unprecedented growth. More than 100 new companies (Tesla, Switch, Apple, Panasonic, and Rackspace, etc.) have relocated here over the past three years. Local Business Leaders expect to see more than 50,000 new jobs in the region in the next five years.
Financing:
Seller will carry with an SBA Loan or a Satisfactory Down Payment.
Support & Training:
Negotiable. Seller is committed to Buyer’s success.
Reason for Selling:
Another Career
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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