Services - Educational Services

Asking Price	$395,000	Inventory
Gross Income	$575,000	Real Estate	$695,000*
Cash Flow	$125,000	Year Established	2000
FF&E	tbd*	Employees	16 Full/6 Part

* included in the asking price

** not included in the asking price

Founded in early 2000, this successful early childhood learning center is being offered for sale by its original owner/operator. The business expanded quickly moving in late 2001 to an attractive and wonderful 6500 square foot facility designed and built for this business. The property encompasses two acres with the building situated with expansion in mind. The learning center also rents 1500 square feet in a brand new strip mall (next door) to house the 45 children who are before and after school participants. The core building with terrific contiguous play areas hosts 100 kids daily. There are specific, enriched areas for infants, toddlers, preschool and school age (up to 12 years in age) children. The business has 18 full time employees, most of whom are teachers with college degrees in either early childhood development or elementary education. The others, plus six part time employees, are aides or cleaning people. The business is proud of the fact that many of the lead staff have been loyal employees of the Center for over five years. The business is ideally located in a fast growing, but still relatively small town near Grand Rapids, MI. The success of this business has completely eliminated the competition. To find the nearest licensed day care, one has to drive to the next town, ten miles away. This successful business has grown each of its eight years with yet another record year forecasted in 2008. In 2007, the business recorded over $520,000 in revenues and more than $100,000 of cash flow, both record levels. With 2008 s first quarter up 10% over 2007 levels and an upcoming price increase, the business will be pushing $600,000 of 2008 revenues. The main facility is licensed by the State of Michigan to handle over 150 children so there is still opportunity for growth without adding on to the facility.

Facilities: 6,500 sq. ft. building; available for lease or purchase

Financing: Seller will provide financing

Support/Training: Seller will provide training

Reason Selling: Family Reasons