Description

This is a great opportunity to own a well-established (30 yrs) Non Franchised Preschool Center with a long record of quality childcare. Located in a moderate suburban community, the school leases space within a local community center at a very reasonable rent which includes all the utilities. The center has 3,500 sq ft with 5 classrooms, 2 children’s bathrooms, kitchenette, a large outdoor playground, security system & in-room cameras. Licensed for 75 children ages 6 weeks to 13 there are currently 90 enrolled with 22 in the After Care program and 32 state supported students. The full time owner acts as the Director managing a staff of 14 including an additional Director, all with prior childcare experience. Each classroom has a teacher-assistant to assist the teacher. A new lease can be negotiated with the landlord. The quoted revenue and cash flow, adjusted for a full time owner operator, is projected based on actual results from Jan-June 2016 supported by three prior years of financial history. The owner is retiring but will assist in the transition.

The business is offered at $285,000.

Posted Jul 27, 2016

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