Price: $125,000
Location: Chester County , Pennsylvania
Industry: Day Care
Listing ID: dycr714
Attractive ultra-modern independent day care center in a wonderful affluent area of Chester County Pennsylvania. Must be sold due to personal issues with the absentee owner. This is a most unusual business opportunity due to the reduced price for this outstanding day care-preschool. Their curriculum is comprehensive and incorporates merits of all major educational theories. They provide independent thinking time and encourage a quiet learning environment. They have Creative Curriculum from Teaching Strategy to guide all development goals systematically of each age stage. The center is state licensed for one hundred & seven (107) children, approved for infants, with nine modern classrooms in an eight thousand (8,000) square foot facility. The owner is absentee, out of state, has a full-time director with a $65,000 yearly salary. The business had a previous gross income of $812,000 which was negatively affected due to the pandemic and her absenteeism. Most unusual opportunity. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Revenue: $812,125
Cash Flow: $100,000
FFE: $110,000 (Included in Price)
Inventory: $500 (Included in Price)
Reason For Sale:
The purpose of this business transaction is due to the owner absenteeism as an investor with this day care business.
Training & Support:
Training and owner support, the owner will assist with a transitional period post-closing to purchaser.
Operation
Year Established: 2016
Days & Hours of Operation: Days Hours of operation; this business is active five days per week, closed Sunday & Monday, with hours from 7:00 am to 6:00 pm.
Owner Hours Per Week: absentee
Employees: Regarding employees and payroll; this children’s service company had twelve (12) employees who are unaware of the pending sale. The payroll was based on an hourly basis and the present staff is fully expected to remain post-closing, the monthly payroll expense was approximately $33,000.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 12500
Type of Location: Commercial Avenue
Square Footage: 8,200
Facilities Information:
This business opportunity is in Eastern Pennsylvania, Chester County on a county road and conveniently located for parents and staff. This business facility consists of approximately 8,200 square feet with a modern and professional appearance. The business is in a free-standing facility with all of the required amenities including children lavatories, nine bright attractive classrooms, interior play area, two outdoor play areas and a professional office.
Summary
Historical Summary:
Attractive ultra-modern independent day care center in a wonderful affluent area of Chester County Pennsylvania. Must be sold due to personal issues with the absentee owner. This is a most unusual business opportunity due to the reduced price for this outstanding day care-preschool. Their curriculum is comprehensive and incorporates merits of all major educational theories. They provide independent thinking time and encourage a quiet learning environment. They have Creative Curriculum from Teaching Strategy to guide all development goals systematically of each age stage. The center is state licensed for one hundred & seven (107) children, approved for infants, with nine modern classrooms in an eight thousand (8,000) square foot facility. The owner is absentee, out of state, has a full-time director with a $65,000 yearly salary. The business had a previous gross income of $812,000 which was negatively affected due to the pandemic and her absenteeism. Most unusual opportunity. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Owner Qualifications:
For Qualifications purposes; this business opportunity requires specific State government licensing approval to operate which has all approvals, including the standard required municipal licenses.
Competition:
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Potential Growth:
Regarding growth and expansion, this day care center can be further developed with an onsite owner operator, improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing/Terms:
bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.