Description

This is a great opportunity to own a State of the art franchised child care center located on a major highway in Mercer County, providing a well-equipped, safe environment for children. The building is 8,800 sq ft with 8 classrooms, multipurpose playroom, interactive Smart Boards, large outdoor playground, security system, & in-room cameras. The center has a quality staff which includes an Assistant Director, Administrator, and an exceptional Kindergarten Teacher whose students consistently excel in public school. The Assistant Director is also qualified to be the Director. The center is licensed for 150, ages 6 weeks to 13 yrs, with a current enrollment of 108. Services include Before/After School Care, Busing for K-4th grade, Early Reading Program, enrichment programs, and Summer Camp.
It has an excellent financial track record with consistent revenue & average tuition growth ($915). This positive trend combined with its Below Market, long-term lease makes this a very compelling opportunity. The business is pre-approved for an SBA loan for qualified buyers. The current financials are projected for 2016 based on 8 months actual. Buyer responsible for $35,000 transfer fee. Owner retiring from the business.
Business is offered at $1,175,000 with a down payment estimated at $300,000 with bank financing.

Posted Oct 20, 2016

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