Premier Nw Child Care & Preschool For Sale
Location:
United States
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Oregon
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Portland
Industry: Educational > Day Care Centers
Business Summary
Rare opportunity in the Portland metro area to own this well established, well managed child care center. Current capacity for 99 children ages 6 wks – 10 years with opportunity to increase licensed capacity in the future.
This is a TURNKEY center that offers a great reputation and operating performance. Center operates using age appropriate and education based curriculum designed to promote each child’s intellectual, social, physical and emotional growth. Present enrollment is 75+ children with strong upside potential.
Qualified and stable staff in place including degreed Center Director. Director handles all day to day operations and owner does not work in the center. Excellent location designed for childcare in a neighborhood shopping center near major employers and high end residential. This is the best program in a 3 mile trading area and commands high tuition rates.
Financials include Director's salary + benefits + above market, generous staff benefits. Sale includes renewable license to use existing trade name, classroom and playground equipment, curriculum, policies and operating processes that meet state licensing requirements, center management software and a 14 passenger mini school bus.
Center and classrooms are well equipped and exceptionally clean. Favorable lease in place with excellent terms. 6700 SF indoor space and large, secured playground area that was renovated in 2007.
Consistent demand for high quality child care and preschool education is very strong in the Portland metro area. Future growth will continue with new families moving into the neighborhood as well as adding programs such as private kindergarten and growing the after school program to its full capacity.
Serious and financially able inquiries only please.
Purchase price is $295k. Seller will finance purchase with $125k down + $6300 lease security deposit (refunded in 2011). 10 year amortization with balloon payment in 5 years.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$700,000
Cash Flow:
$125,000
Cash Flow Type: EBITDA
Inventory: $82,600
Seller Financing: Yes
About The Business
Year Established: 2001
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Owner relocating.
Click on the "I'm Interested" button above for more information on this Educational > Day Care Centers business for sale.
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Print Listing Id: 700100112
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