Long-Standing Childcare Center with Real Estate For Sale
Turn-Key Business with Predictable Cash Flow
Middlesex County, Massachusetts
Listing Number: 1596
Asking Price Business: $375,000
Gross Revenues: $768,000
Owner's Cash Flow: $128,000
Asking Price - Real Estate: $847,000
A long-standing and highly reputable childcare center in western Middlesex County with enviable real properties is available for sale! The center offers year-round education-focused childcare for Infants through Pre-Kindergarten. The real estate presents an opportunity to increase licensed capacity or add in-demand services like after school care.
Once a family business, this opportunity is available because the active owner is ready to retire. A new owner does not need to be Director certified; a Director is in place and, for coverage, several other staff members have D-II certification as well. All owners prefer a buyer with industry experience and some knowledge of EEC regulations. Continuity of culture is also important to the owners.
This center is a well-oiled machine: most of the full-time staff have been with the business over 15 years! This would allow a buyer to focus on other aspects of the business, particularly growth. The center is currently licensed for under 80 children and poised for expansion. 2017 revenue was $738,000; 2018 revenue increased to $768,000. 2018 Owner’s Cash Flow was $128,000.
Facilities: The abutting real properties have enviable playgrounds and parking which would support further growth. The main building has three administrative offices, a staff room, a full kitchen and a kitchenette. Options to utilize the second property for additional revenue are endless. Anyone who knows the childcare industry is sure to be enthusiastic!
Growth & Expansion: A new owner should benefit from the seasonal enrollment boost in the upcoming Fall and Winter and expansion opportunities to add offerings or increase licensed capacity.
Support & Training: The seller will provide necessary support and training.
Reason Selling: Retirement