Long-Standing Childcare Center with Real Estate For Sale
Director in place. Buyer does NOT need to be D-II Certified
Middlesex County, Massachusetts
Listing Number: 1596
Asking Price Business: $250,000
Asking Price - Real Estate: $850,000
2019 Gross Revenues: $805,000
2019 Owner's Cash Flow: $205,000
A long-standing and highly reputable childcare center in western Middlesex County with enviable real properties is available again! 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 yoga or after-school care.
This opportunity is available because the mostly absentee owner is ready to retire. A new owner does not need to be Director certified. A Director is in place and expected to stay on. For additional coverage, other staff have D-II certification as well. A buyer with industry experience and some knowledge of EEC regulations is preferred.
This center is a well-oiled machine: some full-time staff have been with the business over 20 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. Revenue and Owner’s Cash Flow has been growing over the past three years. The center is overdue for a tuition increase as well.
The center is currently operating and expects to be fully enrolled by mid-September!
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!
Support & Training: The seller will provide necessary support and training.
Reason Selling: Retirement