92 Kid Childcare Near Seattle
Location Washington,United States
Asking Price Range < $250K
Gross Revenues $396407
Net Profit / Cash Flow $65419
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Burnout.
Description Large ''Class A'' commercial childcare for sale with Pre-school and Pre-Kindergarten. Located in suburban area with many parents commuting to Seattle; convenient, easy access to and from the center. Licensed for 90+; infants through 12 years old. Private pay 35%/State Pay 65%. Facility: Approximately 5,000SF plus playground area, ample parking. Lease has 2 1/2 years left with one 5-year option to renew. Currently $7,600 per month NNN. To help new owner/lessee, landlord willing to talk about lowering base rent. 2008 Gross Revenue: $396,407 2008 Adjusted Net Earnings: $65,417 Offering: Business Only; Includes Accounts, $85,000 in Furniture, Fixtures, Equipment and Vehicles, plus $40,000 in Leasehold Improvements/Buildout. Selling Price: $175,000 Terms: Cash out. Sweet business for a new operator.
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