Profitable ChildCare Center * Absentee Run
- Listing Id: 2940
- Broker Name: Childcare Brokers
- Category: Education Companies
- Asking Price: $1,975,000.00
- EBITDA: $270,000.00
- Real Estate: $1,400,000.00
- Cash Flow: $270,000.00
- Inventory: N/A
- No. Of Full-Time Employees: 20
- No. Of Part-Time Employees: N/A
- Gross Income: $682,000.00
- FF&E: $105,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Chattanooga
- State: TN
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Here’s a great opportunity to take over an absentee owned, very successful and profitable daycare center in Chattanooga / Northwest Georgia area!The center is licensed for about 200 children. It has the Georgia Pre-K program.The school currently offers a Christian based curriculum and has a great reputation. Excellent director and assistant director in place. Very clean books and records.Owner just instituted a small tuition price increase which will add an additional $2,000 per month to revenue. School has been pre-approved for a bank loan for a qualified buyer. Buyer will need 10% (about $200k) of equity down-payment to qualify for SBA loan.This childcare center makes $270k of adjusted profits being on an absentee basis with the owner not going to the center much in 2015. For an active owner-operator, it will make more.
Financial Summary
N/A
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