This is an excellent center for the first-time buyer to purchase the center and grow enrollment. The center was established 25 years ago by the current owner/director. The center has a high percentage of vouchers. The revenue has been relatively stable over the years. With a good marketing plan, enrollment should grow. Email:
- Asking Price:
- $225,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $273,000
- Cash Flow:
- $80,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$2,350 per annum
- Premises Details:
-
3 classrooms - Office
- Size in square feet:
- 3,000
Business Operation
- Expansion Potential:
-
All parents come from word of mouth. The new owner should put in place a marketing plan. Tuition is slightly below competitors even though the center is amongst the most reputable in the area. Over time, the new owner could raise tuition rates.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday - Friday 8 am - 6 pm.
- Employees:
- 2
- Years established:
- 25
Other Information
- Support & training:
-
The current owner is willing to train and assist in a smooth transition
- Financing available:
-
There is some seller financing available for qualified buyers.
- Furniture / Fixtures value:
- $25,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
