MergerPlace

Established and Reputable Daycare

District of Columbia


  • Asking Price: $1,395,000
  • Gross Income: $1,564,973
  • Cash Flow: $478,084
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $100,000
  • Listing ID: #214065
  • Established: 1991
  • Employees: 21

Business Description

Fantastic opportunity to own an established and reputable day care that has been serving Washington, DC for over 25 years. The center is situated on the ground floor of a major office building in a prominent part of the city. The location is ideal for both residents and commuters who work in nearby office buildings. There is a total of 10 rooms in the center allowing for individualized attention and an ideal child to teacher ratio. The center has a maximum capacity of 62 children and is currently fully enrolled with a year long waiting list.

The center benefits from its long-standing reputation in the market along with a favorable population and demographic makeup and has seen stable revenue and cash flow growth over the years with outstanding licensing reports. There are six years left on the current lease and there is potential for a longer-term lease to be negotiated. The center is currently on its third 10-year lease and the building owner loves having it in their location as their staff benefits from the close proximity.

The owner has decided to retire after a long and successful career making this the perfect opportunity for a new owner to take over a consistently profitable enterprise that’s poised for continued growth. The childcare industry is one of the fastest growing markets today, so don’t miss out on this exceptional opportunity and contact us today to learn more! ***Please note, this business is currently under a Letter of Intent. All interested parties are encouraged to inquire if interested and we will place you in second position in the event something prevents the sale.


Business Details

Primary Business Category: Services - Educational
Location: District of Columbia

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 21

Financial Information

Asking Price: $1,395,000
Gross Revenue: $1,564,973
Cash Flow: $478,084
FF&E: $100,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

The daycare is located in downtown DC in close proximity to Dupont Circle, the West End, and Foggy Bottom on the ground floor of a major office building. There are 10 rooms in total.

Growth & expansion opportunities:

There may be an opportunity to expand the current space in the building which will allow for as much as an additional 3000 sq ft. (which would allow for an additional 30 kids), as well as opening additional locations throughout the DC Metro Area as the current owner once had nearly 10 locations.

Competition:

There is standard competition for the industry and market, but this center is long established, fully enrolled (with a year long waiting list) and has a stellar reputation in the market.

Reason for selling:

Seller is retiring after nearly 30 years in the business.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC