Phone: (301) 215-9288
Price: $1,350,000
Location: Washington, DC
Industry: Education , Childcare
Listing ID: MZN-459
This is an attractive daycare with nationwide recognition. The revenue for 2019 was $2,033,000, projection for 2022 is about $2,304,000 in revenue with $745,000 annual cash flow. Center director, assistant director, teachers and all other employees are in place and owner communicate with them from remote site. This center has an excellent credential and outstanding review from parents. Number of kids are growing nicely and in just short period of time will reach to the level it was in 2019.1350000
Listing Details
Revenue: $1,795,000
Cash Flow: $420,982
EBITDA: $360,000
FFE: $125,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Owner wants to devote time with family.
Training & Support:
Management and franchisor will provide extensive training and make sure new owner is ready to manage this successful business. Center director and employees are very loyal and professional
Operation
Year Established: 2014
Days & Hours of Operation: Monday-Friday
Employees: 20
Absentee Owner?: Yes
Location
Lease Option: 5
Monthly Rent: 28895
Square Footage: 7847
Facilities Information:
The business is located in influent area of Washington, DC surrounded with government buildings, commercial and residential high-rises. The lease terms are very reasonable and there is two five years option.
Summary
Competition:
- There is some other childcare in the area, but this center attracted parents and children with high quality of caring and service, advanced equipment and educational materials.
Financing/Terms:
The business is qualified for SBA financing.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
[email protected]
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814