Multi-Location Childcare Centers with Real Estate For Sale in Greater Boston Area
Immediate option for capacity increase to boost revenues
Listing Number: 1647
Asking Price:All offers will be considered
Real Estate Price: $2,050,000
2019 Revenue: $3,275,000
2019 EBITDA: $354,000
2018 Revenue: $3,396,000
2018 EBITDA: $603,031
2017 Revenue: $3,062,000
2017 EBITDA: $444,269
BayState Business Brokers is pleased to present highly enrolled childcare centers concentrated in desirable MetroWest locations. The centers offer year-round education-focused childcare for Infants through Pre-K and are licensed for over 250 children.
The business is uniquely poised for expansion of licensed capacity into adjacent space (demand supports expansion), consolidation of two programs into one space (cost savings), a tuition increase (under market tuition is scheduled to increase in 2H/2020) and/or implementing cost reduction measures (examples available).
This opportunity is available because the current owner, who works less than 35 hours per week, is retiring. The owner’s responsibilities include payroll, billing, and other back office functions. An industry buyer who could absorb these functions is well-suited for this opportunity.
Having grown via acquisition and organically, most management-level staff have experience with ownership changes and are expected to stay on for a new owner. The centers will need an executive director for oversight; this role could be filled internally via promotion or externally.
A combination of leased and owned, the real properties have ample parking and enviable playgrounds and fields. The real estate and business will be sold together; the leases are assignable with landlord consent or a buyer can choose to negotiate new leases. Landlord relationships are strong.
In addition to Confidential Business Review, a virtual tour will be made available with a signed Confidentiality Agreement to qualified buyers. On-site tours will be available by appointment to serious buyers.