Here’s a great opportunity to take over an absentee owned, very successful and...  Read More

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.  Read Less