Quality Childcare Center * North Metro Atlanta * Great Real Estate * A

Cherokee County, GA

Seller Financing Available
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Asking Price: $1,349,000

Cash Flow: $118,532

Gross Revenue: $571,388

EBITDA: N/A

FF&E: $120,000

Inventory: $1,000

Real Estate: $1,100,000

Established: 1997

Quality Childcare Center * North Metro Atlanta * Great Real Estate * A

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Business Description

Profitable with Huge Upside

This is a beautiful school with great reviews and reputation. They have a focus on education and care for children from infants to after-school programs.
The school has a capacity of 180 children with current enrollment of 110… Lots of room-to-grow.
It has 2 Georgia Pre-K classes.
It’s next to a large Elementary School that picks-up and drops-off at the center.
There is a great staff with Director and Assistant Director in place.
The Center was upgraded last year with new floors, paint, A/C, and appliances.
Both revenue and profit have increased significantly in each of the last 3 years… the school is quite profitable.
Revenue for 2018 will be over $600,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
11,000
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a 11,000 sq. ft. brick building. It includes 2.7 acres of prime property and has plenty of parking. It has a covered entrance. The school is fully furnished, and has 8 classrooms (with cameras), kitchen and cafeteria area. Has 3 great playgrounds and excellent landscaping. The school is in great condition.
Competition:
Normal local competition.
Growth & Expansion:
This is an absentee owned center… due to time, family and a full-time job, the owner is not actively involved in day to day operations. There are many opportunities for a new owner to grow the business. Currently no food program… request a 3rd GA Pre-K class… control expenses… especially payroll. Add transportation to pick-up and drop-off from the several large elementary schools nearby. New owner could act as Director and take a much more active roll in managing the school and reduce payroll expense
Financing:
Some seller financing may be available for qualified buyer based on price, terms and
Support & Training:
Smooth transition will be included.
Reason for Selling:
Absentee seller recently moved and is now too far from the school.
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Contact the Seller

(from currently available funds)
 
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Ron Yurick, C M&A P

Business Listed By:
Ron Yurick, CM&AP

Atlanta Advisory LLC

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