Daycare/Childcare

Price: $630,000

Location: Monroe County, NY

Industry: Education, Daycare

Financials are for 2018 and current numbers are growing nicely to reach or surpass that revenue. The Buyer has an option to Lease the property or purchase it from owner. This center has been recently remodeled and upgraded with attractive decors, new furniture, toys, and educational materials. The standalone building has excellent visibility with plenty of free parking convenient to parents and all employees. The center is licensed for 114 kids. This business revenue has started going back up to before COVID level and the owner believe starting March the revenue will go over $100,00/Month and with maximum capacity they may reach much higher revenue. This center utilizes advanced software and electronic security system. All teachers, Assistant, and Floaters are well trained and dedicated to their job.

Listing Details

Revenue: $1,116,000

Cash Flow: $125,000

FFE: $55,000 (Included in Price)

Inventory: $1,000 (Included in Price)

Real Estate:$1,355,000 (Included in Price)

Terms and Conditions?:

Buyer has a choice to Lease the property from Seller of purchase the property with asking price of $1,355,000.

Reason For Sale:

Owners would like to enjoy retirement.

Training & Support:

Owner will provide support and training for 2 weeks and beyond that has to be negotiated base on mutually agreed employment agreement.

Operation

Year Established: 2012

Days & Hours of Operation: Monday-Friday

Employees: 18

Managers: 1

Location

Type of Location: Free standing

Square Footage: 8,000

Facilities Information:

The business is located in a beautiful community and neighborhood. Owner owns property and they are willing to sell property and business together or separately. The building is about 8,000 SF and recently remodeled and expanded.

Summary

Competition:

This daycare is unique and has provided excellent service to their customers. For this reason they get lots of referral and also popularity of their brand attracts parents to register on waiting list.

Potential Growth:

The number of enrollments numbers are growing nicely, and owner believe they could have operation with full capacity in short period of time. Their projection with 114 kids will generate around $131,000/month with annualized revenue of $1,500,000. In this case the cash flow of the business may jumps over $300,000 per year.

(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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