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Established And Reputable Daycare - Prime Location
Location: United States -> Dist. of Columbia -> Washington
Industry: Educational > Day Care Centers




Business Summary

Fantastic opportunity to own an established and reputable day care that has been serving Washington, DC for over 25 years. The center is situated on the ground floor of a major office building in a prominent part of the city. The location is ideal for both residents and commuters who work in nearby office buildings. There is a total of 10 rooms in the center allowing for individualized attention and an ideal child to teacher ratio. The center has a maximum capacity of 62 children and is currently fully enrolled with a year long waiting list.

The center benefits from its long-standing reputation in the market along with a favorable population and demographic makeup and has seen stable revenue and cash flow growth over the years with outstanding licensing reports. There are six years left on the current lease and there is potential for a longer-term lease to be negotiated. The center is currently on its third 10-year lease and the building owner loves having it in their location as their staff benefits from the close proximity.

The owner has decided to retire after a long and successful career making this the perfect opportunity for a new owner to take over a consistently profitable enterprise that's poised for continued growth. The childcare industry is one of the fastest growing markets today, so don't miss out on this exceptional opportunity and contact us today to learn more! ***Please note, this business is currently under a Letter of Intent. All interested parties are encouraged to inquire if interested and we will place you in second position in the event something prevents the sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,564,973
Cash Flow:   $478,084
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $101,000
Seller Financing:  Yes

About The Business

Year Established:  1991
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide necessary training and support.
Reason For Selling:  Seller is retiring after nearly 30 years in the business.

Photos

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Established And Reputable Daycare - Prime Location Photo 1




Print Listing Id: 700334580
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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