Daycare, Childcare

Allegheny County, PA

Sale Pending

Asking Price:	$2,495,000
Gross Revenue:	$2,512,000
Rent:	$23,476/Month
FF&E:	$193,000

Cash Flow:	$660,000
Inventory:	$1,000
EBITDA:	$600,000
Established Year:	2007

Listing ID: 2253342Listing provided by BizBuySell

BUSINESS DESCRIPTION

This center has been very successful and one of the top producing centers nationwide. The center is very profitable and has been certified to accommodate over 199 full time children. If number of enrollment reached to maximum capacity, the revenue may reach to over $4,000,000. The center was renovated recently and has updated furniture and equipment. The center has award and certificate from naeyc, National Association for the Education of Young Children, Life Essential Educational Excellence, and Healthy Kids, Healthy Future.Center Director, Assistant Director, and all other employees are in place and owner has a minimal role. The number of kids and revenue has been growing nicely and this trend may continue in 2024. Four vehicles are included in asking price and will be conveyed to new owner. The center has 5000 square feet of beautiful playground.

DETAILED INFORMATION

Location

Allegheny County, PA

Inventory

Included in asking price

Real Estate

Leased

Building SF

10,000

Lease Expiration

31/07/2039

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The business conducted from beautiful free standing building with 10,000 square feet of indoor space nicely decorated and custom build for daycare operation. There are several fee parking in the lot and located in a large parcel of land. The area is booming and surrounded with residential building, busy shopping centers with national brand store, few schools, and office building.

Competition

There are some other daycare in the area but this daycare with long success story stands above all.

Growth & Expansion

The center currently operate at 70% of its maximum capacity and growing. Owner believes if number of kids grow to maximum capacity, the revenue could be reach to about $4,000,000.

Financing

The business is qualified for SBA financing and qualified buyer may buy the business

Support & Training

Owner will provide two weeks of training free of charge to buyer and also Franchisor has an extensive training program.

Reason for Selling

Owner would like to retire and enjoy time with their family.

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