Phone: (301) 215-9288
Price: $1,560,000
Location: Butler County, PA
Industry: Education , Daycare, Childcare, Preschool
Listing ID: Montgomery-MZ D 669
This is one of the most attractive daycare centers in the area with over 160 enrollment capacity. The business has long history of success with Loyal Director, Teachers, Teacher Assistant, and Admin in place. Loyal parents and their referral has been a valuable asset for this daycare. The business is conducted from a beautiful free standing building with plenty of parking spaces, and very attractive outdoor playground. This daycare has NAEYC certificate of excellent and Pennsylvania Keystone Stars 4 out of 4 stars in 2022-2023. The center is nicely designed with beautiful outdoor playground. There are Secure Computerized System to sign Child in/out. Building was newly built in 2016 and all equipments look like brand new.
Listing Details
Revenue: $1,912,000
Cash Flow: $385,000
EBITDA: $350,000
FFE: $125,000 (Included in Price)
(Included in Price)Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Owner would like to enjoy their retirement
Training & Support:
No experience is required but Buyer has to be approved by franchisor. Franchisor will provide extensive training to new owner. Also, Seller would be glad to provide training during transition period. Center Director and all employees are in place and new owner can take over role of current owner to overseen the operation.
Operation
Year Established: 2016
Year of Last Acquisition: 2016
Days & Hours of Operation: M-F
Owner Hours Per Week: 25-30 hours
Employees: 24
Location
Monthly Rent: 23000
Type of Location: Free standing building
Square Footage: 10500
Facilities Information:
The building was built in 2016, and all equipment look like new. There are 10 classroom, equipped Kitchen, and offices for Center Director, Owner, and beautiful entrance and waiting area. All furniture, equipment and 2 vehicles are included in asking price.
Summary
Competition:
The building was constructed in 2016 on 4 Acre of land, and it is in perfect and new condition. there is a beautiful playground with all children play equipment. There are plenty of free parking, and property is surrounded with beautiful surrounding and view. This daycare is located in one of the fastest growing communities in the region with positive demographic trends and development activity is occurring in nearly every real estate sector.
Potential Growth:
Currently the number of enrollment has been growing and the Seller projection for 2023 is higher enrollment growth comparing to 2022. The business is surrounded with residential building and new development in the area definitely would help to grow number of enrollment to maximum capacity.
Financing/Terms:
The business is qualified for SBA financing to qualified buyer with about 20% down payment.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814