• REVENUE OF $1.5+M
• PROFESSIONALLY MANAGED BY IN-HOUSE STAFF (MANY VETERAN EMPLOYEES)
• 85 ENROLLED; LICENSED FOR 110
• STEADY REVENUE GROWTH YEAR OVER YEAR 38+ YEARS IN OPERATION AT THIS LOCATION
• 5,348 SF BUILDING WITH FENCED PLAYGROUND AND PARKING LOT
• CASHFLOWS $268,000 (EBITDA) WITH POTENTIAL TO CASHFLOW $390,000 WITH ADDITIONAL CLASSROOM FULL
This well-established child care center has operating for over 35+ years. The total asking pricing is $2,529,000, which includes the business ($1,129,000) and the real estate (1,400,000). It currently serves 85 children (licensed for 110) with revenues of over $1.5 million and cash flows (EBITDA) of approximately $268,000 with the potential to reach $390,000 by filling an empty classroom.
Monthly tuition averages just over $120,000 with a long-standing professional management team including a seasoned center director and assistant director. The staff of 32 includes a full-time cook.
Plant includes seven classrooms, one of which is not in use, an office, storage areas, outbuilding, large outdoor fenced playground and yard and ample on-site parking. This building is the total package with many upgrades, including central heat and air conditioning and is fully sprinklered. Total building area is 5,000 SF+ with another 4,000 as playground area fenced in.
Ad#:2440863