Gross Revenue: $640,000
Cash Flow/Adjusted Profits: $130,000
Real Estate: $1,500,000 – Included in the Asking Price
Furniture, Fixtures & Equipment: $95,000
If you want to START a FRANCHISED childcare center, instead, consider buying this ESTABLISHED FRANCHISED childcare center and you will likely save $500,000 in the startup costs! If you START a brand new childcare center, you will likely take a year or two to increase the enrollment to the enrollment this one already has! By STARTING a childcare center, you will lose money until you get to the break-even point. Buy this center, making $130k in yearly profits from day one, and start growing your preschool from a base of 157 children enrolled already.
This is a beautiful established Franchised Childcare Center in a desirable growth area of Southeast Metro Atlanta. Licensed for about 229 children with a current enrollment of 157 kids. The school has 3 Georgia Pre-K classes and the food program. The school is educationally focused. Staff is stable and experienced. Has an active after school program. Large Elementary School is next door.
A financially qualified buyer can buy this school with a 15% down payment. The yearly debt service on the loan is estimated to be $112k. If you were to START a childcare center and spend $2,190,000 (for the new building, furniture, buses, toys, and franchise fee) your debt service would likely be $145k. Consider how much less risk you will have by only paying a debt service of $112k while the center is making enough money to cover the debt service payments, verses paying a debt service of $145k while losing money until the school breaks even!
The area is not crowded with day care centers. With a license capacity of 239 there’s lots of room to grow. Cash flow in 2012 was $174,359. This is an excellent location.
This is a very attractive and well-designed Child Care Center. Current owner paid $2,100,000 in 2005. It includes a 10,100 square foot brick building with 10 classrooms on 2.12 acres of desirable commercial property located on a very highly traveled main road. Includes 2 buses… one 24 and one 27 passenger school bus.
Reason for Sale:
Retirement and health issues. Smooth transition and training included. Some owner financing possible based on qualified buyer.
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 provided for your convenience.