Two Well-Established Child Care Centers Preschool
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $850000
Net Profit / Cash Flow $308000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Negotiable.
Reason for Sale Other interests.
Description Two Well-Established Child Care Centers (Preschool, Infant, Pre-K) with excellent Income: Asking Price: $950K. 2007 Revenues: $850K+. 2007 Adjusted Cash Flow: $308K+. Capacity: 55 + 67 Children. Location: San Francisco Bay Area. SIC Code: 8351. These centers are located in excellent neighborhoods of the San Francisco Bay Area. The demand for childcare in both of these areas is very high. The current fee charged by these centers is at or below market so there is potential for additional revenue and profits for the new owner.
First Center has a licensed capacity for 55 preschool kids. This location has excellent rent and good opportunity to generate additional revenue by increasing enrollment. A staff member is the designated Director of the Center.
Second Center has a licensed capacity for 67 children (13 infants, 12 Toddlers, and 42 preschool). It is full with a few kids on the waiting list. This is run by an employee that is the Director.
Financial shown are for the combination of the two Centers and the Cash Flow is adjusted to reflect full time working owner who will be the Director of the Second Center with the first center being run by the current Director.
Confidentiality is extremely important to the current owner. Hence all prospects must complete a Confidentiality Agreement and a Buyer Profile. Broker will review them with the Owner to pre-qualify all prospects before the details of the opportunity will be disclosed. Please contact the Broker for NDA and more information on this Child Care / Preschool business for sale.
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