Services - Educational Services | Services - Social Services

Asking Price	$1,650,000	Inventory
Gross Income	$511,339	Real Estate	$1,300,000*
Cash Flow	$180,593	Year Established	2003
FF&E	$200,000*	Employees	19

* included in the asking price

** not included in the asking price

Summary: Beautiful and well-planned center minutes on or off Interstate 90. Licensed for 146 children; 6 weeks to 5 years old. Approximate Private/State Pay Mix; 83% private/17% state. Participates in USDA Food Program. Uses Procare Center Management Software. Potential Manager/Director Available; currently on staff are 5 CDAs and two employees with 4-year degrees. Facility: Specifically designed and built for childcare in 2003; 7000sf main building: 6 classrooms, 6 bathrooms, commercial kitchen, laundry room, fenced with 4 separate playgrounds, special features of secure entrance, intercom system and video monitoring. Completed this Fall 2007 is a separate building 1,738sf adding two large classrooms to the operation. There is also a 25'x30' separate storage building. Land is nearly an acre. Total building square footage is 9,488sf. Oversized paved parking lot with 18 stalls plus handicap. Landscaped and sprinklers. 2006 Gross Revenue: $511,339. 2006 Seller's Discretionary Earnings: $180,593. Current Year: 2007 revenue and net earnings are on track to meet or exceed 2006. Growth: Currently taking new students to fill new classrooms. Potential is for 44 pre-school students, potentially $19,800/month additional gross revenue, $8,000 per month net or an additional $96,000 to annual discretionary earnings over 2006. Offering: Business and real property for $1,650,000, cash preferred. Possible 10-15% seller carry, oac.

Attachments: Download additional information (PDF)

Financing: Possible 10-15% seller carry, oac.

Reason Selling: Retirement