Daycare/Childcare

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

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