LISTING DETAILS
Listing Status: New
Asking Price: $785,000
Total Sales: $2,333,315
Cash Flow: $296,118
Real Estate Asking Price: N/A
FFE: $240,390
Inventory: $5,000
FFE Included in Sale: Yes
Inventory Included in Sale: No
Real Estate included in Sale: No
Year Established: 2009
Employees: 18 spread across both locations.
Description
Business Summary:
An excellent opportunity to acquire two established, high-quality childcare and early learning centers, fully staffed with experienced professionals. The dedicated personnel provide educational activities and developmental guidance to children while maintaining strong community ties. These centers have been industry leaders since their inception. The locations are situated roughly ten miles apart with one in Baltimore County and the other in Baltimore City. The centers are being listed together and will not be sold individually.
The centers are licensed to accommodate a total of 135 children: 75 for Location #1 (with 73 currently enrolled) and 60 for Location #2 (with 45 currently enrolled). The services offered encompass child development programs aimed at providing a warm, supportive, and stimulating environment where each child is regarded as an individual. The organizational structure is crafted to foster a caring and nurturing environment focused on the children. The childcare center holds licensing from the Maryland State Department of Education, as well as from the Baltimore County and Baltimore City Offices of Child Care.
Since its inception, the primary emphasis has been on ensuring that each child receives the individual attention and care they merit. Consequently, the center has consistently provided all well-balanced meals daily, employed highly qualified staff members, and maintained a staffing ratio of at least two staff members per classroom, thereby fostering a positive environment. Over recent years, the center has demonstrated impressive and stable revenue and cash flow. The owner and founder has been involved with the business since its founding, but has since relocated out of state, which has prompted the decision to sell the centers. The childcare industry is experiencing rapid growth nationwide, and it is anticipated that this opportunity will not remain available for long.
Description of Facilities: Location #1 - The center occupies a 5,040 square foot facility and is leased at approximately $4,989 per month. It comprises five classrooms, each equipped with restrooms, one office, one commercial kitchen, a kitchenette located in the infant/toddler classroom, an employee lounge, a lobby and reception area, a gated outdoor play area with rubber mulch. There are two vans that are used to service both locations.
Location #2 - The center is situated within a 4,293 square foot facility and is leased at an approximate monthly rate of $1,993. The premises comprise four classrooms, two offices, a commercial kitchen, an employee lounge, a lobby and reception area, as well as a shared outdoor play space. There are two vans that are used to service both locations.
Competition: There is standard competition for the industry and market, but this business has been established for over 15 years and benefits from its reputation in the area.
Growth & Expansion: The childcare industry is experiencing growth as many families depend on dual incomes and seek a secure environment to entrust with their children. Current enrollment is approximately 20 pupils below capacity, indicating immediate potential for growth and expansion without the necessity for significant modifications to the facility.
Seller Financing Available: Yes
Seller Financing Terms: Available depending on the final purchase price, terms and qualifications of the buyer.
Reason for sale: The owner has relocated and is retiring.
Training & Support: The owner is willing to provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
