Child Care Center with Waiting List in Prime Location For Sale
Excellent Location Near Major Community Routes
Middlesex County, Massachusetts
Asking Price: $390,000
Cash Flow: $125,100
Seize the rare opportunity to purchase an established childcare center in a conveniently located Middlesex County office park! In business at this location for nearly 30 years, this center is well-known in the area and has waiting lists for the infant and toddler classrooms. The current director/owner works 20-24 hours per week and is retiring; the Assistant Director can be promoted immediately, making this a great opportunity for someone with business experience who is passionate about early childhood education. The buyer does not need to be a licensed director. Projected gross sales for 2018 are $700,000 with Owner Cash Flow of over $125,000!
The center offers year-round education-focused childcare for children from Infants (6 weeks) through Pre-Kindergarten and has a wide variety of themes and activities to challenge the individual child's cognitive, social, emotional and self-help skills. 70% of clients came from word-of-mouth referrals!
The office park location offers plentiful on-site parking and the landlord takes care of plowing and capital expenditures! The center is easily accessible from several major commuting routes.
Growth and Expansion Opportunities
In the short term, the addition of optional extracurricular services like music lessons and/or sports lessons could add additional revenue. Longer term, the footprint of the center could be expanded if an adjacent tenant relocated.
Support & Training: Seller will provide training and support.
Reason Selling: Retirement
Employees: 8 FT and 5 PT
A qualified buyer should be able to get an SBA 7A loan with 10% down.