Leading After School Childcare Program For Sale
Asking Price: $495,000
2019 Estimated Gross Revenues: $570,000
2019 Estimated Owner's Cash Flow: $170,000
A leading childcare program servicing several towns in an affluent community is available for sale! In business for over 10 years, this program has grown year over year to become one of the most respected in the industry.
The program provides a high level of after-school childcare along with transportation services. Their enrichment programs focus on arts and sciences and provide a variety of activities in a safe and fun environment.
The owner has grown the business to revenues of around $600,000 each year and an owner’s compensation of $170,000 (for 2019). Currently licensed for 60, there is a demand to enroll more children, which could be accommodated through a move to a larger facility. The owner is currently a tenant at will.
Growth and Expansion Opportunities
The company provides transportation services for their families as well as for other local programs during the summer months. They are already securing contracts for next summer and could take on much more business with additional vehicles. This is a huge piece of the business that can be expanded.
Support & Training: The seller will provide necessary support.
Reason Selling: Retirement
Sarah Grossman, Principal