Gross Revenue: $737,000
Cash Flow/Adjusted Profits: $360,000 and growing.
Real Estate: $1,200,000 – Included in the Asking Price
Furniture, Fixtures & Equipment: $105,000
This is very profitable and a new owner will likely be able to put about $225k of money in their pocket after making the estimated yearly payments (estimated at $135k) for a bank loan to buy this center.
Here’s a great opportunity to take over a center that was absentee owned earlier this year (due to health issues) and during that time, the director ran it well! It is a very successful and profitable daycare center in Northwest Georgia.
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.
School has been pre-approved for a bank loan for a qualified buyer.
Year Established: Opened in the mid 1990’s.
Employees: 20 full time employees including teachers, Director and Assistant Director. Absentee owner does not spend much time at center.
Facilities: This is a very well-designed 10,000 square foot Child Care Center. It’s located on a very busy, high traffic main road. The school is fully furnished and has great playgrounds. Includes desirable commercial property and has 2 vans. Easy access and plenty of parking. Excellent condition.
Growth and Expansion: Great reputation… room for additional children. This is not a franchise. School does little marketing and does not have a website. The school is very solid in a very stable community and did not suffer from the recent recession.
If this opportunity is of interest, you may call us at 770-410-7582 to discuss it further.
Before a Business Owner releases confidential financial data to a potential buyer, he/she wants to know that the potential buyer is financially qualified. Please sign and send back (scanned copy or fax) the confidentiality agreement and provide a personal financial statement, corporate financial statement, or letter from a bank or CPA which would indicate your financial ability to buy a business of this size. If you do not have a personal financial statement, the attached SBA form is accepted by all SBA lenders.