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Private Childcare School with Real Estate in the Richmond Area

VA

Seller Financing Available
Private Childcare School with Real Estate in the Richmond Area
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Asking Price: $1,695,000

Cash Flow: $260,000

Gross Revenue: $770,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Real Estate: $1,300,000

Established: 2005

Private Childcare School with Real Estate in the Richmond Area

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Business Description

Light & Raphael is pleased to offer for sale a well-established private childcare business in the Richmond area. Real estate is included in the purchase price. The business has strong ties to the community and a strong and committed staff.

SBA financing for qualified buyer.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
6,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The land and buildings are assessed for approximately $1,300,000 and are located on 1.25 acres of prime real estate.
Competition:
The U.S. Bureau of Labor Statistics projects that day care businesses will have some of the fastest employment growth of all industries through 2020, and, according to new data from Sageworks, child day care businesses in the U.S. have consistently grown sales in recent years, even as many other industries struggled in the economic recession and subsequent recovery.
Growth & Expansion:
The school has excess capacity so there is upside potential for new owner. The business does minimal advertising.
Support & Training:
Sellers will provide support and training following the sale.
Reason for Selling:
Owners wish to pursue other business interests.
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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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