Childcare Center with Waiting List in Prime Middlesex County Location For Sale
Director in place; Buyer can be Semi-absentee
Listing Number: 1631
2019 Revenue: $815,000
2019 Cash Flow: $175,000
After more than thirty years, a beloved childcare center in Middlesex County is available for sale. This center is conveniently located in an office park near major commuting routes, has an excellent reputation and has waiting lists in several classrooms.
The current director/owner works part-time and, in anticipation of retiring, is actively training her replacement 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 2019 are $815,000 with Owner Cash Flow of $175,000! The regular tuition increases suggest a new owner should be able to continue to rely on consistent profitability.
70% of clients came from word-of-mouth referrals; no dedicated marketing strategy is in place and the center is near capacity.
The office park location offers plentiful on-site parking and the landlord takes care of plowing and capital expenditures!
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.