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Upstate Child Care Business For Sale
Location South Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $790000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 35 - 49
Inventory 1250000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale Owner passing away and because of declining interest of the remaining owner.
Description The owner of this business is highly motivated to sell. This well established child care center for sale is licensed for nearly double the amount of children who are presently attending. This an excellent investment opportunity; the business is underutilized and the valuable real estate is expected to rise in value. The hard assets of the business are valued in excess of the asking price for the business. During tough economic times the child care industry has remained strong and is even growing. In business for 19 years, this business has declined due to an owner passing away and because of declining interest of the remaining owner. The business is located in the fastest growing area of South Carolina, and it serves families in that area. The business enjoys a great reputation for providing childcare and has very good facilities, and three buses are included with the sale.
Very little advertising has been done recently; the business primarily relies on word of mouth advertising. A more involved owner could easily bring dramatic revenue growth through sales and marketing efforts. Additionally, this business could be merged with another existing child care center in order to take advantage of economies of scale. The business uses a proprietary software package to help manage the business. With the present emphasis on early education, this business is expected to thrive.
Building & Property
Building:
Approx 15,500 sq ft
Monthly Rent:
$N/A
Real Estate Available:
Yes, included
Reason for Sale:
Owner is retiring
Franchise:
No
Support/Training-
Negotiable
Hours:
Mon-Fri 6:45am-6:00pm
Year Established:
1991
Financing Provided:
Negotiable
Employees:
FT:20 PT:18
For complete information about this business for sale, email or call Empire Business Brokers at 864-238-6854. Empire Business Brokers, 1361 W. Wade Hampton Blvd, Suite F, PMB #253.
Click Here To Contact Seller
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