MergerPlace

Education - Preschool/Daycare

Virginia


  • Asking Price: $150,000
  • Gross Income: $389,101
  • Cash Flow: $41,738
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $7,000
  • Listing ID: #201437
  • Established: 2009
  • Employees: 10 FT/3 PT

Business Description

This is a highly recommended educational pre-school/daycare operating at full capacity. The business was started in 2009 and is licensed for 60 children, ages 6 weeks to 12 years old (most children do not exceed 5 years old). The facility is outstanding with room for expansion on the 2nd floor.

The owner is retiring, however, he has lived in the area all his life and will be available for consulting. At present he has 8 full-time employees, plus 1 full-time manager and 3 part-time employees.


Business Details

Primary Business Category: Services - Educational
Location: Virginia

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10 FT/3 PT

Financial Information

Asking Price: $150,000
Gross Revenue: $389,101
Cash Flow: $41,738
FF&E: $7,000
Seller Financing Available: Yes

Property Information

Facilities:

2,150 square foot space with room for expansion on 2nd floor.

Growth & expansion opportunities:

Room for expansion on 2nd floor. Owner's comments: Our doors opened in May 2009 with 3 children. The goal of the program is to provide all families with an educational facility that is affordable and safe for children to learn and grow. We have grown and established our current location. It was established with my wife and myself and is still currently owned and operated by myself. Over the past few years the enrollment has remained constant even with the changes in the economy. I have experienced some major personal changes in my life with the loss of my wife in 2014 and some other personnel issues. I had made some poor decisions in my management team but have now taken control back. Throughout this time, even with the changes at the center and those in my personal life, our enrollment remained constant. I am projecting that the upcoming year will remain constant with enrollment and to have the potential to increase as more businesses continue to expand into our area.

Competition:

This Preschool/Daycare is in the top 3 schools in their category.

Reason for selling:

Retirement.

Support & Training:

Will train for 3 weeks @ no cost. Education background with business knowledge.

Contact Business Seller

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Business Listed By:

Fred Walker

Murphy Business Brokers