Childcare 145+ Kids 8, 300sf Facility
Location Washington,United States
Asking Price Range $500K - $1.0M
Gross Revenues $831540
Net Profit / Cash Flow $182616
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Negotiable.
Reason for Sale Retirement.
Description Beautiful, spacious center with plenty of natural light. Prominent location in the city; easy access to/from via major arterial. Capacity for 155 Children, Currently Licensed for 149; 42 toddler, 80 pre-school, 27 school age. Hours: Mon-Fri 6:30AM - 6:00PM. Great reputation, heavy emphasis on education/curriculum, many referrals from governing agency. 14 Funded Headstart slots. USDA Food Program. WA State Wage Ladder. Facility: Specifically Designed for Childcare, Built in 1998: 7,600 SF Main Floor: 7 Classrooms, 5 Children Restrooms, two management offices plus large kitchen. Upstairs: 704 SF Staff Breakroom, Staff Restroom, Administrative Office, and Storeroom. 12,780 SF Fenced Yard; 2 playgrounds. Special Features: Central Vacuum System, Air Conditioned, Fire Detection System. Parking: On-site 39 stalls. Additonal on-street parking. 2008 Proforma Gross Revenue: $831,540 2008 Proforma Net Profit: $182,616 Offering: Business Only; Includes Trade Name, Furniture/Equipment, Website. Facility Lease; Will Go 10 Years. $7,000/month NNN with 3% per year escalator. Current annual RE property tax is $10, 235. Selling Price: $695,000 Terms: Cash Out. Center was Voted # 1 in the City! Contact for more information on this Childcare business for sale.
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