Services - Educational Services

Asking Price	$550,000	Inventory	na*
Gross Income	$297,148	Real Estate	$400,000*
Cash Flow	$146,109	Year Established	N/A
FF&E	$65,491*	Employees	N/A

* included in the asking price

** not included in the asking price

*2-13-09 Price Reduced by $50,000. Business components of single unit childcare companies typically sell for 2.5 to 4.0 times cash flow (EBITDA). The Asking Price for this school is only 1.8 times cash flow. *Very stable staff and non-owner management in place. *Current licensed capacity is over 50 and can be expanded to more than 80. *All revenues and profits tracked to tax return. *Real estate recently appraised. *Center needs only three more subsidized children to be eligible for the Federal Food Program. *Center is located approximately 45 minutes west of Washington DC and 30 minutes south of Fredrick, MD. *In spite of current financial market conditions, BFS childcare lenders continue funding loans for childcare companies. *Center is managed/directed by a non-owner employee. *All staff members have worked in the center for at least two years.

Facilities: All assets necessary to operate a professional childcare center are included in the Asking Price. Company includes larger than average real estate parcel.

Competition: Discussed in complete BFS portfolio available to qualified buyers.

Growth/Expansion: Discussed in complete BFS portfolio available to qualified buyers.

Financing: BFS-Secured Financing Avail for Qualified Buyers: 25 yrs, 10% DN, 6.0% Int.

Support/Training: Seller will provide all necessary training during the transition period.

Reason Selling: Semi-retirement and relocation.