Profitable Turn Key Child Care Center For Sale
Location: United States -> Pennsylvania -> Northampton
Industry: Educational > Day Care Centers
Businesses for sale Summary
Asking Price: $245,000. Inventory $20,000*
Gross Income: $215,000. Real Estate $0**
Cash Flow: $110,000. Year Established: 2006
FF&E: $40,000*. Employees: 8
* included in the asking price
** not included in the asking price
Profitable, reliable income, low expenses Child care center business for sale. Approved for 48 children, and room to expand to 54 using existing space. Government subsidized and guarantee child placements. The business is in a leased space, 3800 SF $2,900 Monthly rent. 7 employees, min wages plus a director Bank approved. NDA and proof of funds, must be provided prior to disclosure of location Owner started the business 3 years ago and kept doubling her capacity and income. Owner wishes to take a break and spend time with her ill father in Canada.
Facilities: 3800 SF leased space, up to 10 years option. Very low CAM. Facility fully equipped, School bus drop off and pick up access. Street parking and customer parking lot available. Play ground for out doors activity available, but not equipped. It is the tenant’s responsibility to maintain and insure.
Competition: Day care business is in high demand in this location.
Growth/Expansion: Can grow to 2 or 3 times, the building had many vacancies and willing to negotiate expanded SF space with a very long lease.
Financing: Cash offer or strong commitment letter is a must
Support/Training: Owner will hep with all the paper work transfer, and will train for 2 weeks. A license director must be present during school hours. Owner may consider consulting on a limited way and will accept an hourly wage. Methods of consulting will be discussed as needed. Owner is leaving an organized system
Reason Selling: Owner needs a break.
Financials
Asking Price Range: < $250K
Gross Revenues: $215,000
Cash Flow: $120,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $40,000
Seller Financing: No
About The Business
Year Established: 2006
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks free, then consulting fee apply.
Reason For Selling: Owner’s father is ill and she want to take a break to be with him.
