Childcare Center For Sale - 280 Kids
Location Washington,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1589988
Net Profit / Cash Flow $294683
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale Retirement.
Description Voted #1 in the City! Licensed for 12 months to 12 Years Old Each Center; 280+ children total. Beautiful, spacious centers with lots of natural light; built specifically as child care facilities in 1998 and 1999. Great reputation, heavy emphasis on education/curriculum, receives many referrals from governing agency. Participates in the USDA Food Program and the Washington Wage Ladder Program. Facilities: One center 8,300 SF total with 8 classrooms and 12 bathrooms, large 12,780 SF fenced playground, commercial-grade kitchen, and 39 on-site parking stalls. The other center is 6,550 SF total with 7 classrooms and 7 bathrooms, large 13,321 SF fenced playground, commercial-grade kitchen and 34 on-site parking stalls. 2008 Gross Revenue: $1,589,988 2008 Adjusted Net Earnings: $294,683 Offering: Business Only both centers: includes furniture/fixtures/equipment, trade name, and vehicles. Selling Price: $995,000 Terms: Seller Carry with Minimum $550,000 Down Payment, Interest Rate and Payout Negotiable, Subject to Approval. Facilities Lease; Will Go 10 Years with 3% escalator per year; $7,000/month NNN one center, the other $6,000/month NNN. Significant tax savings available; one center is located in an ''enterprise zone.'' Contact for more information on this Childcare business for sale.
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