Price: $1,649,000
Gross Revenue: $866,000
Cash Flow/Adjusted Profits: $188,000
Real Estate: $1,625,000 – Included in the Asking Price
Furniture, Fixtures & Equipment: $150,000
This is a beautiful childcare center with an excellent reputation in/near Fayette County. Everything is upgraded compared to a typical center. It has a current enrollment of 128 children with the capacity to grow by about 50%. This childcare center commands high rates in the area and is positioned for a new owner to take over and continue the growth. It has a very successful private Pre-k.
In 2012, the revenue was $866,000. This year, 2013, revenue continues at a good pace.
The Center has a superior location.
Staffing:
The center has a director and assistant director. The center has well trained employees.
Facility:
It is a 10k square feet building constructed on prime property with plenty of parking.
Reason for Sale:
Owner is retiring.