Upstate Child Care Business For Sale

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Listing ID: 700131373

Listing Title: Upstate Child Care Business For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=131373

Industry: Educational

Industry Segment: Day Care Centers

Country: United States

State / Province: South Carolina

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $790,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1991

Number of Employees: 35 - 49

Business Description:
The owner of this business is highly motivated to sell. This well established child care center for sale is licensed for nearly double the amount of children who are presently attending. This an excellent investment opportunity; the business is underutilized and the valuable real estate is expected to rise in value. The hard assets of the business are valued in excess of the asking price for the business. During tough economic times the child care industry has remained strong and is even growing. In business for 19 years, this business has declined due to an owner passing away and because of declining interest of the remaining owner. The business is located in the fastest growing area of South Carolina, and it serves families in that area. The business enjoys a great reputation for providing childcare and has very good facilities, and three buses are included with the sale. Very little advertising has been done recently; the business primarily relies on word of mouth advertising. A more involved owner could easily bring dramatic revenue growth through sales and marketing efforts. Additionally, this business could be merged with another existing child care center in order to take advantage of economies of scale. The business uses a proprietary software package to help manage the business. With the present emphasis on early education, this business is expected to thrive. Building & Property Building: Approx 15,500 sq ft Monthly Rent: $N/A Real Estate Available: Yes, included Reason for Sale: Owner is retiring Franchise: No Support/Training- Negotiable Hours: Mon-Fri 6:45am-6:00pm Year Established: 1991 Financing Provided: Negotiable Employees: FT:20 PT:18 For complete information about this business for sale, email or call Empire Business Brokers at 864-238-6854. Empire Business Brokers, 1361 W. Wade Hampton Blvd, Suite F, PMB #253.



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