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Established Boutique South Bay Child Care Center
Location: United States -> California -> Southern California - Los Angeles Area -> Redondo Beach
Industry: Educational > Day Care Centers




Business Summary

This well-established and respected Child Care Center in an upscale beach neighborhood started with the Seller's philosophy of providing individualized care for well-rounded and happy children. Over the years, the reputation and waiting list has grown. Three programs are offered; full day or half day, in either the morning or afternoon. Enrollment is near capacity (per licensing regulations) thanks to the intimate learning space. State license to operate is non-transferable. The Buyer must reapply. Daily schedule and operational materials are available for review.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information:

Facilities: The schoolhouse is 1,600 square feet, and includes separate classrooms, an art room, and a reading room. There are two outdoor play areas with equipment on the 5,000 square foot lot; all located on a prime, ocean-view street with excellent access off a main traffic artery.

Competition: Plentiful, but demand for quality child care services is high and expected to grow. The property was recently purchased by a Fortune 500 Company nearby. Employees of that company have the first right of refusal when a space opens up.

Growth & Expansion: To increase profitability, the Buyer may consider extending operating hours and opening weekends and/or offer specific/specialty classes, like reading, languages, dance, or art-oriented lessons during non-school hours. Fundraisers offset expenses. Seller increased rates by 2% to 5% annually.

Financing: None


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $328,756
Cash Flow:   $125,564
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $10,000
Seller Financing:  No

About The Business

Year Established:  1992
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Up to six months available.
Reason For Selling:  Retirement




Print Listing Id: 700383304
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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