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Business for Sale

 
Listing #S96603
 
NW Childcare w/RE-Great Seller Financing
 
Perfect for Hands-On Owner-Operator!
 
Beautiful 2,619sf center located next to busy McDonalds restaurant in a rapidly growing community near Olympia. Licensed for 45+ children with 57 currently enrolled. At capacity with waiting lists. Serves infants thru 12-year-olds. Highly qualified staff, stimulating curriculum. USDA Food Program and wage ladder participant. Facility: Cozy classrooms with ample outdoor playgrounds on 12,632 lot. 2007 Gross Revenue: $300,037 2007 Discretionary Earnings: $101,129 ($38,120 owner salary and benefits, $30,000 interest expense, $26,270 in labor savings (if new owner works in center replacing program supervisor, $6,739 net profit. Offering: Business and real property; includes equipment, furnishings and supplies. Selling Price: $550,000 Terms: Owner will carry business portion ($175,000) with solid down and negotiable terms, allowing buyer to get bank financing on the real estate portion ($375,000). Reason for Sale: Owner wants to spend more time with family and in professional practice. This is a super opportunity to work in childcare and have a magnificent piece of real property as well!
 
Primary Business Category: Services - Educational (SIC 82, NAICS 610)
Secondary Business Category: Social Assistance (incl. Day Care) (SIC 83, NAICS 624)
Location: Washington
Metropolitan Area: Not Disclosed
Listed by: An Intermediary
 
Financial Information
Gross Revenue: $300,000 Asking Price: $550,000
Current Year Projected Revenue: Not Disclosed FF & E (included): $50,000
EBITDA: $101,125 Inventory (included): Not Disclosed
Current Year Projected EBITDA: Not Disclosed Real Estate (included): $375,000
Profitable: Yes Transaction Sought: Not Disclosed
Business Type: Not Disclosed Payment Requested: Not Disclosed
Financials: Not Disclosed Seller Financing Available: Yes
 
Company Information
Year Established: 1999 Home Based: Not Disclosed
Number of Employees: 6 to 10 Franchise: Not Disclosed
Management: Not Disclosed Distressed: Not Disclosed
Non Compete Agreement: Not Disclosed Relocatable: Not Disclosed
Reason for Sale: Not Disclosed
Fiscal Year End: Not Disclosed
Ownership: Not Disclosed
   


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