Phone: (301) 215-9288
Price: $2,495,000
Industry: Education, Daycare/Childcare
Listing ID: Month-MZD 705
This center has been very successful and is one of the top-producing centers nationwide. It is highly profitable and has been certified to accommodate over 199 full-time children. If enrollment reaches maximum capacity, the revenue could exceed $4,000,000. The center was recently renovated and features updated furniture and equipment. It has received awards and certifications from the NAEYC (National Association for the Education of Young Children), Life Essential Educational Excellence, and Healthy Kids, Healthy Future.
The Center Director, Assistant Director, and all other employees are in place, with the owner playing a minimal role. The number of enrolled children and revenue have been growing steadily, and this trend is expected to continue into 2024. Four vehicles are included in the asking price and will be conveyed to the new owner. The center also boasts a 5,000 square foot, beautifully designed playground.
Listing Details
Revenue: $2,512,000
Cash Flow: $660,000
EBITDA: $600,000
FFE: $193,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Real Estate: (Not Included in Price)
Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Owner would like to retire and enjoy time with their family.
Training & Support:
Owner will provide two weeks of training free of charge to buyer and also Franchisor has an extensive training program.
Operation
Year Established: 2007
Year of Last Acquisition: 2007
Days & Hours of Operation: Monday-Friday 7:30am-6:30pm
Owner Hours Per Week: 15
Employees: 23
Location
Security on Lease: 23476
Lease Option: 15 years lease plus 2X5 years
Monthly Rent: 23476
Type of Location: Free Standing
Square Footage: 10000
Facilities Information:
The business operates from a beautiful freestanding building with 10,000 square feet of indoor space, which is nicely decorated and custom-built for daycare operations. There are several free parking spaces in the lot, and it is located on a large parcel of land. The area is booming, surrounded by residential buildings, busy shopping centers with national brand stores, a few schools, and office buildings.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814