Child Care Center

www.GlobalBX.com

Listing ID: 700326261

Listing Title: Child Care Center

Quick Link: http://www.globalbx.com/listing.asp?bId=326261

Industry: Educational

Industry Segment: Schools

Country: United States

State / Province: California

Area Southern California - San Diego Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $425,000

Cash Flow: $100,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1998

Number of Employees: 4 - 5

Business Description:
Established and profitable Child Center serving a stable community with access to major freeways. It is turnkey preschool, and a great opportunity for an owner/operator. The facility is centrally located in a prime neighborhood within close proximity to residential neighborhoods and businesses with convenient freeway access. The interior floor plan is well thought out and includes recently upgraded classrooms, floors, kitchen, and a private office for the Owner/Director. The school is currently operating at 100% capacity with a wait list. There is a full-time Director together with an experienced staff. This is a rare opportunity to own a profitable established business. The center is licensed for 46 children ages 2 to 5. The owner of the center is also the owner of the property where the center is located. The purchase of the real estate is possible (but is not included in the purchase price of the business) depending on the financial qualifications of the Buyer. The value of the real estate is subject to independent appraisal. The estimated value is: $1,400,000. This center would be an ideal purchase for a first time buyer as the center operates efficiently and enjoys a healthy profit. This center is pre-approved for an SBA loan with as little as $100,000 down. The current operation and qualified staff allow for minimal involvement from the owner. Seller is willing to train for a period up 12 months. Please note that this business is regulated by community care licensing, and the transfer of it is contingent on the new operator obtaining a license to operate. The process of applying and obtaining a license is lengthy. On average, it takes about 16 weeks from start to finish. Asking Price: $425,000... discounted Now $350,000 Potential buyer must submit proof of sufficient funds (Bank Letter or Statement) prior to disclosure of financial information. Experience in running a child care center is preferred. Call 61



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