Opportunity to acquire a profitable turn-key child care center with real estate in a prime location.
The recently renovated real estate (appraised at $3.1M w/ FF&E in 2016) is located on a major connector road within an area that has 14 elementary schools.
Due to national brand recognition, and strong customer service, this is one of the top child care centers in the region. Further, this is the center with the largest capacity (212) in the region.
Currently, the center is an absentee operation with eight part-time employees and 26 full-time employees (including directors) running the quotidian activities.
Current owners are very mindful to provide a smooth transition, and have created a four-phase succession plan for the new owner.
An owner who is interested in operating the business full-time could increase cashflow even more.
The accredited programs and curriculums that this center offers have been approved to receive a state funded pre-k plan, which is now bringing an additional ~$300,000 per year in revenue.
Call or email today for more information!
Purchase price includes land, building, FF&E and goodwill.
Asking Price $3,400,000
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