Well Established Child Care Center

Reno, NV
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Asking Price:$265,000
Gross Revenue:$552,589
FF&E:$75,000
Established Year:1993
Cash Flow:$113,049
Inventory:$2,500
Real Estate:$915,000
BUSINESS DESCRIPTION

A reputable and well-established childcare and early education center that offers a turnkey opportunity and a sterling reputation in early education.
This business caters to a diverse clientele and benefits from a prime location and strong long-term ties to the community.
The business stands out for its personalized care and a seasoned, highly educated staff.
Student teacher ratios are low and growth is possible both through increasing the student to teacher ratio, and strategically raising prices. Modernization and additional enrichment opportunities would create additional value for families.
The real estate occupied by the business is also available for purchase. The Seller prefers that the real estate and the business be sold together.


DETAILED INFORMATION
Location
Reno, NV
Inventory
Included in asking price
Real Estate
Owned
Building SF
3,008
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 adjacent parcels on .28 acres. Total building size 3008sf. New Triple net lease available at $4,512.
Competition
30 + years in business, excellent location, experienced staff
Growth & Expansion
Modernize, Create Efficiencies, Increase Pricing to market rate, Increase Student Ratios. QRIS certification (in progress)
Financing
All cash or terms acceptable to Seller. Seller is committed to Buyer’s success.
Support & Training
40 hours over two weeks. There is an experienced director in place.
Reason for Selling
Retirement and spend more time with family.
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Stewart
Guthrie
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Stewart Guthrie