Business Summary:
This is a great opportunity to own a well established (19 yrs) private learning center in Montgomery County with an exceptional profit history and potential for growth. Located in a suburban community, it is on a main road with easy access and a parking lot for staff and parents to drop off and pick up. The state has awarded the center with a 4 Star rating, its highest ranking.
The building is 4,000 sqft which includes 6 classrooms on two floors, office, huge recreation room for daily large movement activities, use of a kitchen for staff lunches, and a large outdoor playground. There are cameras in the hallway and in the office. Services include Young Toddlers through Pre-Kindergarten, After Care & Summer Camp. The school is licensed for 86 children ages 8 weeks to age 5. There are 65 currently enrolled & growing. The owner works 32 hours a week overseeing a quality staff of 15 teachers & assistants which includes a long term Director with a Masters Degree. The rent is exceptionally low and the landlord is very agreeable to providing a long term extension for a new owner.
The business has a consistent record of profitability including in 2020 with reduced revenue. The owner is interested in retiring and has been consciously operating at a reduced level to lessen the workload and protect the children and staff. Due to parent requests, the Infants room has reopened and the 3yr age group is being expanded providing a substantial profit growth opportunity for a new owner. There are also two classrooms available in the building to expand the enrollment, and an opportunity to develop the Before Care & After Care service to include school age with school busing available for pickup and drop-off.
The owner has been dedicated to providing quality child care for many years and will insure a successful transition by providing two weeks of on-site assistance for the new owners. The business is pre-approved for an SBA loan and is offered at $725,000 with a 20% down payment and bank financing for a qualified buyer.
For more details call Paul Holveck at Executive Business Brokers, 732-266-8136
|
|
