TENNESSEE DAY CARE OPERATION ONLY 500k DOWN!

TN

Seller Financing Available
TENNESSEE DAY CARE OPERATION ONLY 500k DOWN!
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Asking Price: $1,499,000

Cash Flow: $429,537

Gross Revenue: $1,348,096

EBITDA: $379,537

FF&E: $37,500

Inventory: N/A

Established: 2013

TENNESSEE DAY CARE OPERATION ONLY 500k DOWN!

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Business Description

NO BANK NECESSARY! STRUGGLING to find a business with real GROWTH POTENTIAL? This company has had tremendous growth and continues to have growth potential! Owner has no desire to continue the growth they have seen in the past as they are ready to retire. Even in times of economic struggle in the country, this area continues to do well. CONCERNED with having to wait months, if not years, to earn a PROFIT? A franchise or a start up business from scratch puts all the risk on your shoulders. Spending large dollars in hopes that one day you may start making some of it back. Knowing a lot of business start-ups and franchises are short lived, you do not have to be concerned with this issue. This company has everything in place and you start making over $ 429,000.00 dollars the first day you purchase! SELLER WILL FINANCE! Terms are 500K down with the remainder financed over 5 years at 7.5% interest. You get nearly 86% returns on your down payment each year without growing the business one dollar! Seller believes in and is counting on buyer’s success post transaction and is happy to share your risk by financing 2/3rds of the sales price! You make the down payment; the business pays for all the rest of the purchase price while providing you a living at the same time!!

Detailed Information

Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very nice facilities with expansion ability!
Competition:
Competition has never slowed this company down and they are in a fantastic market. Owner is just ready to retire.
Growth & Expansion:
Room for additional students and building expansion capabilities as well.
Financing:
1/3rd down, 2/3rds on a 5 year note at 7.5%
Support & Training:
Owner offering 30 days training with purchase. Owner is financing the purchase and is counting on buyer's success. This is the best assurance to the buyer that support is going to be there if needed.
Reason for Selling:
Retirement
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Contact the Seller

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Bill Watson, (Former CPA)

Business Listed By:
Bill Watson

Advanced Business Group

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