Price: $449,999
Location: Guilford County, NC
Industry: Day Care and Children Centers
Listing ID: 16956789-NI
Listing Status: New
This established child care center has served their community for more than 15 years. Founded by a former home schooling parent, the owner set out to build a better child care center and she accomplished that.
Today the center comes with a full wait list, a great staff & location, an established curriculum, and more.
- Profitable and owner absentee run
- Real estate for sale with room to expand
- Great staff of educated child care professionals
- Recent facility upgrades
- Location, Location, Location... Massive industrial facilities have been built nearby
The business never closed during COVID and reinvested grant money into the facility with $100K of facility improvements into the business. They've also recently installed Brightwheel, a leading child care software, to better serve the parents and the management of the facility.
The team consists of a full staff of child care professionals all of which have ECE Credits and some of which have Associates degrees, and they all care about the children they serve. They currently have approximately 115 children enrolled with capacity to go to 122.
The real estate is offered through Compass Commercial and the center will only be sold with the real estate. Cash flow represents expensed historical rent payments of $80K/year.
Take advantage of this retirement sale before it's gone!
Down Payment: N/A
Total Sales: N/A
Cash Flow: $80,000
EBIT: N/A
EBITDA: $150,000
Accounts Receivable: N/A
FFE: $150,000
FFE Included: Yes
Inventory: N/A
Year Established: 2008
Non-Owner Payroll: N/A
Employees: 16
Absentee Owner: Yes
Lease Option: No
Real Estate: $2,550,000
Real Estate Included: No
Monthly Rent: N/A
Square Footage: 6003
Facilities Information: Free standing special purpose facility with two play grounds, drop off breezeway, front office, employee lounge, classrooms, and more.
Reason For Sale: Retirement
Training & Support: Absentee run, Center Director will assist with transition.
Competition: Only two other significant child care centers within 10 miles.
Potential Growth: New ownership could fill current capacity, expand the center on the owned real estate, raise tuition rates, and/or add other time periods for child care including evening care.
