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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!
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