Award Winning Spanish Immersion Child Care Center for Sale

Hennepin County, MN
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Sale Pending
Asking Price:$2,299,000
Gross Revenue:$1,448,248
Established Year:2010
Cash Flow:$296,255
Real Estate:$1,800,000
BUSINESS DESCRIPTION

This listing is an award-winning Spanish Immersion Childhood Daycare and Learning Center located in the South Metro of Minneapolis with management in place. This Child Care Center has been offering a blend of educational excellence and cultural enrichment for over 14 years. The Center has a waiting list, is always full, and every child/student is full time. There is an Assistant Director who will stay on with the transition. Revenues, Earnings, and Valuation are BEFORE significant and ongoing grants.


DETAILED INFORMATION
Location
Hennepin County, MN
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
6,600
Employees
22
Facilities
The Business operates in the entire free-standing 6,600 square foot building which was fully remodeled and built out to suit in 2010. The Real Estate is included in the offering.
Growth & Expansion
Currently the Center outsources the lunch program. The facilities are built out to bring in-house for additional income if desired. Food grants would be available if that were implemented.
Financing
Seller will finance up to 10% of the purchase price
Support & Training
Seller will fully train a new owner.
Reason for Selling
Retirement
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Mac
Thelen
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Mac Thelen