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**under Agreement** Multi Location Childcare Center Near Boston For Sale

Middlesex County, Massachusetts
Asking Price:
$999,000
Sales Revenue:
$1,823,000
Cash Flow:
$330,000

**UNDER AGREEMENT** Don’t miss a unique opportunity to acquire a high-grossing multi-location childcare center near Boston! The centers offer year-round education-focused childcare for children from Infants (6 weeks) through Pre-Kindergarten. A summer program for school-aged children has been a popular addition in recent years.
In business for over a decade, these centers have strong brand recognition in the area and waiting lists for the infant classrooms. The centers are currently licensed for a total of over 150 children with capacity to increase for another fifteen (15) children. 2017 revenue was $1.87 million, projected 2018 is over $1.82 million. Projected 2018 Owner’s Cash Flow is $330,000.
Though the current director/owner is retiring, a dedicated leadership team, including several Director II certified individuals, is poised to continue the high-quality curriculum and family-oriented atmosphere. A new owner does not need to be Director certified; the centers are managed top-heavy.
Thanks to prominent locations and signage, 25% of new families became aware of the center by walking or driving by. Another 45% of new families come by word-of-mouth referrals from current/past families and staff.

Business Operation

Expansion Potential:

One of the centers has a very large gymnasium that could be wholly or partially converted into classroom space; at capacity, the space could accommodate another 15 children. Optional additional services like sport/music lessons could be offered. The summer program could be expanded, or an after-school program could be added to fulfill demand for both extended day and tutoring services. In the longer term, the brand recognition and great reputation of this multi-location business could support opening additional locations.

Reasons for selling:

Retirement

Employees:
36 FT / 11 PT
Years established:
2007

Other Information

Support & training:

Training and support will be provided by the seller

Financing available:

This business should qualify for an SBA loan with a 10-20% down payment.

Related Documents:

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